Lagenda Properties Bhd has joined hands with the Selangor government to develop the first large-scale landed affordable township within the state known as Bernam Jaya.

Majuperak Holdings Bhd on Tuesday (Sept 6) clarified that the garden leaven accorded to its outgoing group chief executive officer cum executive director Nizran Noordin is based on a mutual agreement between the board and Nizran.

Iskandar Waterfront City Bhd (IWCity)’s external auditor Messrs Ernst & Young PLT (EY) resigned as the group adhered to “good corporate governance” by revisiting the appointment of auditor from time to time.

SMRT Holdings Bhd is acquiring eight adjoining units of four storey terrace shop and office properties located in Kota Kinbabalu, Sabah for RM14.7 million, partly for future rental income and potential capital appreciation.

"The issues we face here in Malaysia are not uncommon with some of the other member countries."

The contract is to build a proposed glove factory in the Petchem Industrial Park, Tanjung Kidurong, Bintulu, Sarawak (Sarawak Medical Innovation and Technology Hub).

Public Bank Bhd and Sunway Integrated Properties Sdn Bhd (Sunway Property) have signed a memorandum of understanding (MOU) to collaborate on sustainable development projects.

"My hope is that the introduction of the new programme is a way to reform MM2H and to make it less stringent."

Chief financial officer Syed Agil Syed Hashim, who was only appointed last Monday (Aug 29), is appointed as the acting group CEO to assume the day-to-day management.

It is not uncommon for a developer to impose, contracted or otherwise, administrative charges in giving its consent to any resale, transfer or assignment of rights for property purchase pending the issuance of a separate strata title.