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Bukit Damansara, Kuala Lumpur bungalow sold for RM4.

The REIT said retail remains the cornerstone of its performance, contributing RM652.

The property developer has agreed to become an anchor investor in TrustCapital Australian Office Fund No 3.

The pharmaceutical group said the purchases will be funded by proceeds raised through its regularisation plan, which is part of the group’s strategy to strengthen its logistics infrastructure and expand distribution capacity across the east coast of Peninsular Malaysia as well as Sabah and Sarawak.

Developed under IJM Land’s wellness roadmap, the facility is described as a 360° ecosystem integrating prevention, treatment and long-term health management.

The proposed disposal is part of its strategy to monetise non-core assets, unlock value, and strengthen its cash position to meet operational and working capital requirements.

Nurul said many local issues stem from top-down planning methods that overlook on-the-ground realities.

One reason the government has not mandated the BTS model is that, based on the National Housing Department’s assessment, the industry chain is not yet fully ready, while mandatory implementation could also favour large corporations at the expense of SMEs, which play a critical role in developing small towns and rural areas, said Minister of Housing and Local Government Nga Kor Ming.

“Mobility, emissions, and population data exist, but they’re scattered and not easily accessible.

This is the third extension granted to Meridian since it was classified as a PN17 issuer in April 2024.