News about AG

KUALA LUMPUR (Aug 18): The start of former Lembaga Tabung Haji chairman Datuk Seri Abdul Azeez Abdul Rahim and his brother Datuk Abdul Latif Abdul Rahim’s corruption and money laundering cases were postponed today as Abdul Azeez had made an application with the Sessions Court here to attend Parliament.

KUALA LUMPUR (Aug 15): Property developer Magna Prima Bhd has plans to sell off some “prime assets” in an effort to “reduce its gearing so that it is able to sustain its business in the current challenging environment”, according to a recent report by The Edge Malaysia.

PETALING JAYA (Aug 13): The National House Buyers Association (HBA) reminded landlords to be wary of the activities that will be carried out in their premises before renting out their units, reported The Star.

KUALA LUMPUR (Aug 12): A gradual recovery is underway in the retail industry, which is signalling Malaysian real estate investment trusts (REITs) in the retail space are set to see light at the end of the tunnel after the pandemic-induced slump.

KUALA LUMPUR (Aug 11): There is no new case reported in both Sivangangga and Kurau clusters for today.

KUALA LUMPUR (Aug 11): Health director-general Datuk Dr Noor Hisham Abdullah said most of the cases in the Sivagangga and Kurau clusters of Covid-19 infections are linked to visiting activities during the recent Hari Raya Aidiladha festivities.

KUALA LUMPUR (Aug 7): Malaysia reported 25 new cases of Covid-19 as of noon today, involving 23 Malaysians and two foreigners.

KUALA LUMPUR (Aug 7): Malayan Banking Bhd (Maybank) has announced that it is offering three options for customers to apply for Repayment Assistance Packages from today.

Although market sentiment is generally bearish owing to the Covid-19 pandemic and economic slowdown, Malaysia has been able to fend off the worst thus far, thanks to its strong fundamentals and the government’s efforts to bolster the economy.

The current property market downturn in Malaysia has pushed property developers to offer myriad attractive packages, freebies and even financial assistance to lure purchasers.