News about AG

GEORGE TOWN (Oct 8): The Penang government should go ahead with building People’s Housing Project (PPR) in the state without the need for the Federal government “to initiate” it, said state Gerakan chairman Oh Tong Keong.

PUCHONG (Oct 8): The government is considering the creation of a “sinking fund” to increase industry player's responsibility in managing and restoring disasters in the country, according to a Malay Mail article today.

KUALA LUMPUR (OCT 5): Years of paying more returns than it can afford has led the Armed Forces Fund (LTAT) to its worst dividends in 46 years - 2% for FY18.

GEORGE TOWN (Oct 4): Some buyers of affordable homes along Jalan S.

PETALING JAYA (Oct 4): The Association of Valuers, Property Managers, Estate Agents and  Property Consultants in the Private Sector Malaysia (PEPS) is urging the government to review the current Real Estate Property Gains Tax (RPGT) so it can have a positive impact in stimulating  the country’s  housing market.

KUALA LUMPUR (Oct 1): Defence Minister Mohamad Sabu has come out in defence of Lembaga Tabung Angkatan Tentera (LTAT) over its announcement yesterday of a record low dividend payout for 2018, saying LTAT had carried out its duty to generate sustainable returns for its members.

KUALA LUMPUR (Oct 1): The top management of Lembaga Tabung Angkatan Tentera (LTAT), which declared yesterday its lowest-ever annual dividend of 2% for 2018, does not believe there is any criminal element behind the financial irregularities that it found occurred under the leadership of Tan Sri Lodin Wok Kamaruddin.

KUALA LUMPUR (Oct 1): Newly-refurbished mall Sungei Wang’s new annex block JUMPA @ Sungei Wang has achieved more than 85% in leasing commitment to date.

  SIMPANG RENGGAM (Sept 30): Despite two days of rainfall in Simpang Renggam in Johor, water levels of Sungai Benut has failed to rise, causing fears of a water shortage to be realised.

KUALA LUMPUR (Sept 30): Sinotop Holdings Bhd has today terminated its agreement with executive director and major shareholder Datuk Justin Soo Sze Ching for the fabric manufacturer's planned acquisition of builder Asianmax Corp Sdn Bhd under a cash and share deal worth RM96 million.