The Housing and Local Government (KPKT) Ministry is expected to present a report to the cabinet soon, following which the latter will deliberate over the need to review the existing policies related to property ownership by non-citizens.
Those found to flout the law can be fined RM10,000 or jailed up to two years.
A source clarifies that there was no evidence to suggest that Lim knew that the property was below market value.
The Datuk, who was accompanied by four alleged policemen, threatened to burn down the villagers' homes if they refused to move out.
Facebook said in a statement that the 170,000 square metre facility represented an investment of more than S$1.4bil (RM4.22bil) and would support hundreds of jobs.
"They said they want to stop toll collection. Did they? I hope there are those among us who are brave. Ram through the tollgate."
Pesona’s total order book now stands at around RM2.2 billion, translating into a decent cover of 4.3 times on financial year 2017 (FY17) construction revenue.
Yesterday, IJM Corp Bhd announced that they had accepted a contract award amounting to RM505 million from Affin Bank Bhd for the construction and completion of the superstructure work of the proposed 47-storey office building at Tun Razak Exchange (TRX) in Kuala Lumpur.
The acquisition of Green Leaf Niseko Village Hotel is expected to be completed by end of first half of FY19.
“Johor’s current housing policy, especially those concerning international lots for foreigners such as the Forest City project, is seen to have some weaknesses.”
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