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The REIT announced an interim income distribution of 3.

As the increase in legal fees is reasonable and not significant when compared against the property value or loan amount, it is not expected to cause a domino effect towards the rising cost of living or house prices.

This collaboration aims to provide a cost and space-efficient housing solution that effectively address workers’ accommodation issues, thereby creating a conducive work environment and infrastructure in Kedah, said Unitrade.

The company said this mixed-use development site has a projected gross development value (GDV) of US$1.

The group is selling the property, via its wholly owned unit Metro Envy Sdn Bhd, to Gorgeous Arena Sdn Bhd (GASB), Tex Cycle said in a filing with Bursa Malaysia.

With built-ups from 3,455 square feet (sq ft) to 10,559 sq ft, these units come with a starting price of RM1.

We believe that NBES is a very impactful project which will contribute significantly towards expediting BIM adoption and enhance the ease of doing business in construction,” said CIDB chief executive Datuk Ahmad Asri Abdul Hamid in a press statement.

Abdul Karim is also co-founder and chairman of troubled engineering group Serba Dinamik Holdings Bhd.

“The proposed disposal is expected to result in a net gain of approximately RM14.

PAM said this is due to an alarming increase in the unnecessary felling of street trees by local governments in the Greater Kuala Lumpur region.