Yeo, 52, holds a 2.79% stake, comprising 16.08 million shares, in Advancecon. 

Also contributing to the higher income and fair value gain on its properties of RM66.69 million, quarterly revenue was 10.47% higher to RM117.56 million from RM106.42 million last year.

The self-sustaining townships of both landed and vertical homes are supported by bustling retail, education, medical and leisure activities. ParkCity is all about creating spaces that bring together the most important parts of life – Family, Neighbourhood, Community, Connectivity and Convenience.

In the past 15 years, ParkCity’s innovative ideas, extraordinary vision and impeccable quality have been recognised with a number of awards and accolades.

Sime Darby Property Bhd saw its counter close at its highest since March 2022, and was actively traded on Monday (July 31).

The counsel for four Petaling Jaya residents who filed a judicial review action against the Selangor and federal governments over the Petaling Jaya Dispersal Link (PJD Link) project said they will adopt a wait-and see approach before considering withdrawing their legal action.

The Selangor state government has rejected the application for the Petaling Jaya Dispersal Link (PJD Link) project, said its caretaker Menteri Besar Datuk Seri Amirudin Shari.

Property developer Ibraco Bhd has secured a contract worth RM529.83 million to build the Sarawak Second Trunk Road.

The proposed mixed development along the Johor Bahru-Singapore Rapid Transit System (RTS) link by Mass Rapid Transit Corporation Sdn Bhd (MRT Corp) and Hong Kong-based MTR Corp Ltd is expected to lift prices for other developments in the vicinity.

Sime Darby Property Bhd saw its counter rise to its highest since March 2022, and was actively traded on Monday morning (July 31).