Sale of Jho Low's jet gets US court approval

KUALA LUMPUR (Nov 1): A US federal court has approved the agreement between the Department of Justice (DoJ) and Global One Aviation (Global 5000) Ltd for the sale of the Bombardier Global 5000 jet linked to businessman Low Taek Jho, to ensure the parties' legal rights with respect to the jet are maintained.

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Country Garden takes 353rd place in Fortune Global 500

PETALING JAYA (July 20): China property developer Country Garden – the developer of Forest City and Country Garden Danga Bay in Johor – jumped to 353rd place this year from 467th place last year in the Fortune Global 500 rankings, underpinned by its 46% growth in gross revenue to RMB226.

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Homes in this price range saw the biggest drop in 2015

PETALING JAYA (March 22): Transactions for homes priced from RM400,001 to RM500,000 fell by almost half to 14,755 units in 2015 from 28,769 units in 2014, according to the National Property Information Centre’s (Napic) preliminary overview market report.

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