Menteri Besar Datuk Seri Saarani Mohamad said this while acknowledging several challenges facing the implementation of the project, particularly the need to reclaim swampy land in the area.
The 60km-long WISE highway, an alternative to the Menora Tunnel stretch, will feature three lanes in both directions.
The share capital reduction entails the cancellation of RM185 million of its RM272.
Perak Corp anticipates an estimated gain of RM26.
The Practice Note 17 (PN17) company, whose largest shareholder is the Perak State Development Corp with a 52.
Under the Rumah Ibu scheme, RISB intends to offer some 35,000 land owners in Perak the opportunity to own affordable homes via the state's Structured Village Development Programme (RPT), according to SSF's bourse filing.
On Jan 24, Awana argued that repayments should be based on project progress and revenue generated from property sales, contingent upon the profit and loss report for the project.
On Jan 13, SCIB announced that the RM162 million contract awarded to its wholly owned unit, SCIB Properties Sdn Bhd (SCIBP), from Awana JV Suria Saga Sdn Bhd in July 2024 as part of a debt settlement collapsed after Awana failed to fulfil a key condition precedent within the stipulated time frame.
He succeeds Syed Agil Syed Hashim, who stepped down from the board after completing his two-year service contract.
In March, the state local government, housing, health and environment committee chairman Hilmi Abdullah was quoted as saying that KB Sentral is expected to be completed by 2027, with the state government having inked an agreement with a company to undertake the project.
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