Along with the masterplan, the developer has also unveiled IOI Mall Rio, a new shopping mall at IOI Rio City that will have one million sq ft of net lettable area and over 300 retail units. 

Zaliha said that the CUT system in Putrajaya provided protection to utility infrastructure, such as electricity cables, water pipes, and telecommunications from construction damage, while also allowing safe access for maintenance.

Chow said Works Ministry secretary general Datuk Seri Azman Ibrahim presented the concept proposal of the Juru-Sungai Dua traffic dispersal project to the Penang State Executive Council on Tuesday.

He said Johor had become a global focal point, especially with the new Johor-Singapore Special Economic Zone.

The issue price represents a discount of 14.89% to the five-day weighted average market price of Southern Steel shares of 49.35 sen as at Sept 10.

This follows the High Court’s October ruling that the Duta Enclave should be returned to Semantan Estate, effectively declaring the government’s 1956 acquisition of the land invalid.

The contract was secured via its wholly owned Kitacon Sdn Bhd on Monday, which had accepted a letter of award from Tropicana Alam.

"We project its consolidated capital spending will rise to RM6 billion to RM7 billion per annum in 2024 and 2025 from RM2.8 billion in 2023.”

New tenancies from its logistics warehouse Axis Mega Distribution Centre (Phase 2) and positive rental reversion from its existing portfolio also boosted its NPI for the three months ended Sept 30, 2024.

Revenue increased 3.73% to RM155.27 million, compared to RM149.68 million in 3QFY2023.