KUALA LUMPUR, June 22 (Bernama) -- Bursa Malaysia ended on a softer note today as investors engaged in profit-taking following the recent rebound in the local market, an analyst said. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) declined by 0.65 per cent, or 11.19 points, to 1,700.84 from last Friday's close of 1,712.03. The benchmark index opened 1.56 points lower at 1,710.47 and moved between 1,699.94 and 1,712.32 throughout the trading session. Market breadth was negative, with decliners outnumbering gainers 560 to 481. A total of 608 counters were unchanged, 1,649 untraded, and 14 suspended. Turnover slipped to 3.29 billion units worth RM2.40 billion from 3.45 billion units worth RM3.79 billion on Friday.
Sunway Property Bhd, the property arm of Sunway Bhd, has signed a memorandum of understanding (MOU) with the Iskandar Puteri City Council (MBIP) to advance low-carbon initiatives in the Sunway City Iskandar Puteri township in Johor. The collaboration aims to establish the township's Low Carbon Zone as part of efforts to meet the goals set out in the Iskandar Puteri Climate Action Plan 2030 (IPCAP 2030).
Gerard Soosay, CEO of Sunway City Iskandar Puteri, emphasized that the partnership aligns with the broader vision of achieving net-zero emissions by 2050. "Our mission is clear — to create a vibrant, low-carbon city while contributing to Sunway Group’s broader sustainability goals," he stated, coinciding with the township's 10th anniversary.
MBIP mayor Datuk Mohd Haffiz Ahmad hailed the MOU as a significant milestone in achieving the IPCAP 2030 targets. The collaboration will focus on integrating smart city technologies, exploring green architectural designs, and promoting eco-friendly transportation solutions to reduce carbon emissions. Additionally, community engagement through educational programs, exhibitions, and sustainability initiatives will be central to inspiring awareness and action among residents.
This partnership underscores a mutual commitment to building a sustainable and low-carbon future in Johor, improving the quality of life for local communities while driving environmental progress.
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