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The group — the third company troubled by IRB this month — said it disagrees with the decision, and will appeal accordingly.

The model would be about leasing such land based on fixed monthly rental.

At 11.01am, TSR Capital rose 1 sen to 79.5 sen with 371,200 shares done.

Having just celebrated its seventh anniversary early this year, Property Hub Sdn Bhd has grown from a small team of 12 to over 130 across three offices in Malaysia today.

KLCC Property Holdings Bhd (KLCCP) closed its first financial quarter ended March 31, 2017 (1QFY17) with lower net profit of RM176.73 million or 9.79 sen a share, down 3.3% from RM182.75 million or 10.12 sen a share in the previous corresponding quarter.

Matrix said it has lodged with the Securities Commission Malaysia to establish a sukuk wakalah programme, which will have a tenure of seven years.

Econpile Holdings Bhd has bagged a RM48.5 million contract for piling, basement and substructure works in the first phase of a mixed development from Pembinaan Kery Sdn Bhd.

Gabungan AQRS Bhd expects to finalise the planned sale of its land in Dengkil, Selangor to PR1MA Corp Malaysia within the next three weeks under a proposed joint venture (JV) to develop affordable housing there.

The development would comprise residential, resorts and hotels, commercial and corporate buildings tailored for the tourism and services industry.

According to longhouse resident Gothai Vengidesalam who has been living there, after being relocated from the Bukit Kiara plantations since she was merely two months old, none of the longhouse residents know that there will be another eight blocks of high-end serviced apartments that have been proposed next to their affordable housing.