The company expects Sabah to remain as its core market, adding that “there is a lot more to do".

Kerjaya Prospek said its wholly owned subsidiary Futuprop Sdn Bhd, and Aspen Vision, will form a 55:45 special purpose vehicle named Rivanis Ventures Sdn Bhd to undertake the development.

The regular-shaped site is being used as a carpark.

The new hotel offers studio to three-bedroom layouts that come in built-up sizes from 151 to 603 sq ft. 

WMG’s non-interested directors — Shakinur Ain Karama, Teo Gim Suan, and Wong Lee Hung — shared the same stance on the offer of 16.5 sen per share by Exsim Group after considering Mainstreet Advisers Sdn Bhd’s views. 

“The group is cooperating fully with the relevant authorities in their investigation into the cause of the incident.”

At its last price, the company had a market capitalisation of RM540 million.

Fajarbaru said Perbadanan Putrajaya has accepted its wholly owned subsidiary Fajarbaru Land (M) Sdn Bhd's withdrawal as the developer for the proposed development.

DBKL has issued the stop-work order after receiving a complaint on Thursday from residents of PPR Wangsa Sari about an explosion at the J Satine condominium construction site in Wangsa Maju.

The main urban centres are of course the target areas for real estate agencies for obvious reasons, but AFZ Realty Sdn Bhd has a slightly different twist on this.