The first building is scheduled for completion in the third quarter of 2025 (3Q2025), while the second building is expected to be completed in 1Q2026.

The DNAA was granted to Chua on the grounds that the case had been ongoing for too long, the construction and property developer said.

Implemented in over three dozen countries to date, carbon tax is a type of levy based on the emissions of environmentally polluting gasses from consumption of fossil fuels such as coal and diesel.

Sources contacted by The Edge confirmed that the government has filed the stay application and the High Court has fixed Sept 12 as the hearing date.

The contract for the Package 4B spans Bukit Pagon to Long Luping under the second phase of the Sarawak-Sabah Link Road project.

“It is important to achieve the investment of RM300 billion [by 2030], so that we can get to net zero by 2050."

Capital City Property is a subsidiary of Singapore-based Capital World Ltd.

The project is scheduled for completion within 38 months.

"The company would like to remind all shareholders and potential investors that there is no assurance that the SGX will approve the exit application."

Lagenda Properties Bhd (KL:LAGENDA) said it has appointed Loh Lai Pui as its new chief financial officer (CFO) effective Friday.