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According to the draft, the consent threshold for participation is as follows: 80% for buildings of 30 years, 75% for buildings more than 30 years, and 51% for abandoned buildings.

The units will come with two layout options of three bedrooms and built-ups ranging from 760 to 850 sq ft.

The purchasers, which include co-owners, received RM15,922 for each unit from the proceeds, which was 2.

Deputy Minister, Datuk Aiman Athirah Sabu, said the parks would promote green spaces and recreational-friendly landscape facilities to improve residents' well-being and benefit local communities.

Minister Nga Kor Ming said these included achieving the target of 500,000 affordable housing units under the 12th Malaysia Plan, the construction of 5,500 Mesra Rakyat housing units by the National Housing Corporation as well as the MADANI Malaysia Town launch under PR1MA.

The approval from Bursa Malaysia comes at a time when “we are ready to take advantage of the vast development opportunities in Malaysia’s construction industry especially in Sarawak”, the construction firm said in a statement.

"Lured by the promise of lucrative profits offered, the victim downloaded the UVKXE app to start investing," said Bukit Aman Commercial Crime Investigation Department director Datuk Seri Ramli Mohamed Yoosuf.

Housing and Local Government Ministry’s Town and Country Planning Department (PLANMalaysia) director general Datuk Dr Alias Rameli said the lack of vacant land in major cities like Kuala Lumpur has pushed new developments to suburban areas, such as Nilai, Kajang and Seremban.

Selangor Menteri Besar Datuk Seri Amirudin Shari said the industrial park, targeted for completion in 2026, anchors the first phase of development of the 324-hectare (800-acre) Beringin HTA Valley ecosystem, bringing world-class automotive manufacturing and cutting-edge technologies to Hulu Selangor.

The group declared a third interim dividend of 1.