The real estate developer plans to launch projects worth RM2.4 billion in gross development value this year, including some delayed projects. 

PTSI is the owner and operator of the Encore Melaka theatre, which offers a 360-degree rotating platform and a seating capacity of approximately 2,000.

The new F&B tenants are Kenangan Coffee and Long John Silver’s that are expected to open in May and July, respectively.

“The 2023 AFFIN Power-Up Top Referral Programme is a testament to our commitment in acknowledging and appreciating the invaluable contribution of real estate agents and agencies to our mortgage business."

The company said its unit Crest Builder Sdn Bhd has accepted a letter of award for the construction of the Sunway Velocity 3 commercial development in Kuala Lumpur.

Syed Mohamed, 65, is replacing Datuk Ikhwan Salim Sujak, 67, who retired at the end of his one-year term on Feb 28. 

The plan comprises the RM3.5 billion waterfront township Tebrau Bay, RM500 million mixed waterfront development Danga Rivera, and RM330 million mixed-use development project Danga Heights.  

The proposed disposal, at RM34 million, "would be a great stress relief to the group’s cash flow as compared to retaining the land for a potential loss-making development".

The MoneyX financial app, powered by Hextar Technologies Solutions Bhd (HexTech), was officially launched with a total of 43 partners last Friday (March 1).

IJM Land Bhd has launched The Promenade, the latest commercial development of Bandar Rimbayu township, in Telok Panglima Garang, Selangor on March 1 and has since achieved a 60% take-up rate.