Malaysian financier Low Taek Jho, aka Jho Low, and former banker Ng Chong Hwa, aka Roger Ng, indicted for conspiring to launder billions of dollars in illegal proceeds and to pay hundreds of millions of dollars in bribes in connection with the 1MDB fund. Former banker Tim Leissner pleaded guilty to conspiring to launder money and to violate the Foreign Corrupt Practices Act related to 1MDB.

The contract is for the construction of one block of commercial building and one block of apartments at Medini Iskandar, Johor.

AmInvestment Bank: The greatest comfort we have derived from the latest episode — the reinstatement of MMC-Gamuda as the tunnelling contractor for MRT2 — is the fact that Gamuda’s working relationship with the government seems to have “normalised”.

MMC-Gamuda JV will proceed with MRT2 works in full swing albeit at a lower contract sum for the remaining works without compromising the original timeline.

The fourth quarter (4Q) is seasonally strong due to the year-end sales and holiday season.

Current market situation more or less the same, with oversupply issues still an ongoing concern  — analyst

Govt’s recent initiatives to encourage RE an opportunity for IPPs to jump on solar bandwagon — analysts

Questions from the audience at the EdgeProp.my Talk on “Are you destroying your investment in real estate” on Oct 20 were forwarded to speakers Chur Associates founder and managing partner Chris Tan, and Architect Centre accredited architect and trainer Anthony Lee Tee.

“It’s not just about how good the building looks, it’s about residents’ safety. Many properties and lives were lost due to faulty fire-fighting equipment in a building.”

"Try to make sure that what is happening around the project does not make the property decrease in price."