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The trust said it will also benefit from profit rebates tied to achieving pre-agreed sustainability targets.

Under the arrangement, the banks have been appointed as joint lead coordinators to oversee the currency risk management framework linked to the ECRL’s loan obligations. 

The way Malaysians work is evolving. Offices are no longer just spaces to park employees; they are increasingly seen as strategic hubs for collaboration, talent attraction, and innovation.

Despite changing lifestyles, one housing preference among young Malaysian families appears remarkably consistent: the aspiration to live in modern, well-designed communities.

He succeeds Yeoh Chong Keat, 68, who resigned after serving on the board for nearly 10 years since his appointment in August 2016.

As of February 2026, the project has achieved about 93% overall completion. 

The optimistic outlook comes even as some observers caution that the tourism campaign may face headwinds from rising geopolitical tensions, particularly in the Middle East.

Kan said the majority of Adnex’s materials and supplies are sourced domestically and from China.

The mission comes as Malaysia advances urban regeneration frameworks, strata law reforms, and public transport-oriented planning policies designed to improve urban liveability, and address housing challenges.

One of the country’s largest fund managers said on Monday in a statement that its board investment committee considered IJM’s intrinsic value versus the RM3.15 offer price and the potential future gain from the Sunway shares to be issued, relative to their issuance price.