Dr Mahathir wants to form a new political party

KUALA LUMPUR (Aug 7): Tun Dr Mahathir Mohamad (pictured) wants to form a new political party, as Parti Pribumi Bersatu Malaysia (Bersatu), which he co-founded, has been “hijacked” by its president Tan Sri Muhyiddin Yassin, said the former Bersatu chairman.

READ MORE

DONE DEAL: Serviced apartment, Metropolitan Square, Damansara Perdana, Selangor

Sold for: RM500,000 (RM420 psf) Concluded by: Jin Teok (REN 24772) (012-771 7963) of Fortress Real Estate Sdn Bhd When: June 2020 Noteworthy: ● Leasehold ● Built-up size: 1,190 sq ft ● Three bedrooms; two bathrooms ● Unfurnished unit ● Low floor unit with a garden view ● Facilities: Two infinity pools, a clubhouse, two lap pools, two children’s pools, sauna, gym, badminton court, steam room, barbecue area and a tennis court ● Amenities: Schools, shopping malls, hypermarket and supermarket, hospital, medical centre, eateries and restaurants, commercial hub and banks ● Easy access via Damansara-Puchong Expressway (LDP), Western KL Traffic Dispersal System (SPRINT) and Kuala Lumpur Middle Ring Road 2 (MRR2) Read also DONE DEAL: Factory, Kawasan Perusahaan Bandar Sultan Sulaiman, Klang, Selangor DONE DEAL: Condo unit, Seri Hijauan, Shah Alam, Selangor Metropolitan Square is a mixed development project by MK Land Holdings (now known as EMKAY Group).

READ MORE

SGX set to launch Asia’s first REIT futures

KUALA LUMPUR (Aug 5): The Singapore Exchange (SGX) yesterday said it is “pioneering Asia’s first international real estate investment trust (REIT) futures” based on indices tracking REITs listed in Singapore, Hong Kong, Malaysia and Thailand, reported The Edge Singapore.

READ MORE

Najib files notice of appeal over SRC conviction

KUALA LUMPUR (July 30): Former premier Datuk Seri Najib Razak (pictured), who has been convicted of seven charges relating to the misappropriation of RM42 million in SRC International Sdn Bhd funds, has filed a notice of appeal to overturn the conviction handed down by the High Court.

READ MORE