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Real estate news News Home Editor's Pick Latest News In Depth Stories Lifestyle Stories Videos Narratives Malaysia Property Industry The Pulse on Companies Your Local Experts Guides Events Upcoming events Best Managed & Sustainable Property Awards 2021 Best Managed & Sustainable Property Awards 2020 Best Managed Property Awards 2019 Best Managed Property Awards 2018 Best Managed Property Awards 2017
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News by Ahmad Naqib Idris

news

Muhyiddin: Set up private consortium for HSR, no need to wait for Singapore

20 December, 2021

"During my time as prime minister, we terminated the agreement with Singapore for the construction of the HSR on the basis of national sovereignty," the Bersatu president said in his speech at the party's annual general meeting.

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news

Paramount to dispose of Shah Alam land for RM90 mil

30 November, 2021

Paramount said RM50 million of the proceeds of the disposal will be used for the repayment of bank borrowings, while RM37.8 million will go towards working capital purposes.

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news

AME to list RM557m of industrial assets under REIT

26 November, 2021

These assets are currently held by its subsidiaries.

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news

1MDB's board of directors was used to make illegal transactions seem legal, says ex-director

18 November, 2021

Former 1MDB director Tan Sri Ismee Ismail: After going through all of this from the information in this trial and news reports, my assumption was that the board [in 1MDB] was being used to make the transactions seem legitimate, to the extent that misleading information was given to us and even concealing information from the board

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Najib mulled taking action against The Edge over 1MDB exposés during UAE trip, ex-CFO testifies

18 November, 2021

Former chief financial officer (CFO) Azmi Tahir: At that point, the company was being attacked by The Edge. There were a series of articles questioning our acquisitions of power plants, our IPO [initial public offering] plans and things like that

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news

Ex-1MDB CEO says pressured by Najib to change auditor

15 November, 2021

Mohd Hazem said Deloitte subsequently replaced KPMG as 1MDB's auditor.

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BNM: Malaysia not facing stagflation; growth to accelerate in 2022

12 November, 2021

"Growth will accelerate to between 5.5% and 6.5% next year."

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Malaysia's GDP contracts 4.5% y-o-y in 3Q21 amid July containment measures

12 November, 2021

The decline in consumption and investment activities had more than offset the continued expansion in public sector consumption spending.

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Former 1MDB CFO: Decision to transfer US$3b 1MDB funds to third parties came from Najib

12 November, 2021

The US$3 billion was money raised from bonds issued by 1MDB's subsidiary 1MDB Global Investment Ltd for a 50:50 joint venture between 1MDB and Aabar to develop the TRX.

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news

Ex-1MDB CFO testifies that Najib wielded 'ultimate power' in fund

11 November, 2021

1MDB former chief financial officer Azmi Tahir: Najib as the prime minister has the ultimate power in making decisions, especially those which concerned investments, financial decisions and national interest, in line with Article 117 of the Memorandum and Articles of Association of 1MDB

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