World’s 2nd tallest tower project Merdeka 118 on track after MCO delay


PNB president and group chief executive, Ahmad Zulqarnain Onn (pic) further told Bernama that phase three which encompasses three residential towers is due for completion in 2024/2025.

KUALA LUMPUR: Phase one and two of Permodalan Nasional Bhd’s (PNB) iconic Merdeka 118 precinct are expected to be ready by the second quarter (Q2) of 2022 instead of end 2021 as initially targeted, following delays caused by the movement control order in light of Covid-19.

The development is funded by PNB Merdeka Ventures Sdn Bhd (PNBMV), a wholly-owned subsidiary of PNB.

PNB president and group chief executive, Ahmad Zulqarnain Onn further told Bernama that phase three which encompasses three residential towers is due for completion in 2024/2025.

Save 30% for ads-free and full access now!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Others Also Read


Want to listen to full audio?

Unlock unlimited access to enjoy personalise features on the TheStar.com.my

Already a member? Log In