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The company, however, did not furnish data on how much sales came from its US$100-billion Forest City project in Johor, Malaysia.

Reviewing its performance, Kerjaya Prospek said its property development segment was also expected to contribute positively to its earnings, moving forward.

The Saraca collection has 91 units of 22x75 ft double-storey terraced homes located amidst the greenery of Setia Ecohill.

MBSB said total assets recorded a 3.72% increase to RM44.88 billion as at June 30, 2017, mainly due to higher gross financing/loans and liquefiable assets.

Upped his stake in Ganjaran Gembira Sdn Bhd — a private investment vehicle which owns a 13.32% stake in Gabungan AQRS.

The post was left vacant when Tan Sri Rastam Isa retired in May.

The upcoming property is dubbed Pengerang Northshore Residence, which will include landed residential properties, affordable apartments, shopoffices and community complex as well as other amenities.

"I think some people might need to do some criminal study here. When we arrest and remand a person, that shows he is under investigation."

MBSB said it will make an announcement when it inks the definitive agreement.

MIDF Research deems SP Setia's 1HFY17 results as within expectations.