Latest

High Court sets aside Selangor Government's revocation of land approval

SHAH ALAM: The High Court here on May 24 set aside the Selangor government's revocation of the awarding of 16.9ha of state land in Bagan Lalang, Sepang, to an investment company, eight years ago.

Judge Datuk Nurchaya Arshad made the decision in chambers after hearing an application for judicial review of the case filed by Azam Cemerlang Sdn Bhd in 2004.

TPG among bidders to buy Japan's Anabuki, say sources

TOKYO: TPG Capital and Advantage Partners are among the bidders left in the competition to buy Anabuki Construction Inc, a Japanese apartment developer that failed last year with about US$1.6 billion (RM5.31 billion) in debt, two sources with knowledge of the deal said.

Call for probe into alleged irregularity in low-cost flats allocation in Selangor

KUALA LUMPUR: The Housing and Local Government Ministry on May 24 asked the Selangor government to immediately investigate what could be irregularities in the allocation of low-cost flats by housing developers in the state.

Minister Datuk Kong Cho Ha said the ministry had not received any complaint from the public on the matter.

Sunway woos REIT cornerstone investors

KUALA LUMPUR: Sunway City may place out about a fifth of its planned IPO of a real estate investment trust (REIT) to cornerstone investors who have greater holding power for the shares, sources with direct knowledge of the deal said.