The imminent cut in landlords’ tax relief will have minimal impact on their earnings, says London’s largest independent letting agents Benham & Reeves Residential Lettings.

The recognition of an employee benefit expense of about RM11 million arising from the granting of option shares to eligible employees under an Executives Share Option Scheme also eroded its earnings, the group said in a filing with Bursa Malaysia today.

Freelance graphic designer Zulkifli Harun from Bukit Mertajam is the winner in the contest to design a logo for Komtar.

This resort, which is yet to be named, will be eco-friendly and will have 150 rooms, a banquet hall that can hold up to 300 guests, restaurant, retail areas and a swimming pool.

Royal Malaysian Customs senior assistant director Lee Wing Onn said that estate agents, negotiators and brokers would generally receive a commission for their services in buying, selling and leasing of properties for their clients.

In its evening edition yesterday, the research house said Mah Sing continued to stay below the 20-day and 50-day moving average lines.

The property developer posted a net profit of RM74.53 million or 1.64 sen per share for 2QFY14.

Al-Salam REIT is seeking to raise gross proceeds of RM252.36 million arising from the issuance of 252.36 million offer units, based on an offer price of RM1 per unit, which will account for 43.5% of the trust.

The board estimated there are about 40,000 to 50,000 unlicensed brokers operating in the country.

Awarded the 2014 UDIA NSW Concept Design award, the 20-storey, 401-apartment Infinity by Crown Group challenges conventional residential apartment design with a unique looped shape and 1,180 sq m open-air garden plaza surrounded by retail outlets, restaurants and cafés.