News about API

KUALA LUMPUR (Sept 5): After the negative limelight over the US$100 billion Forest City mega project in Johor, the state government will now come up with clearer guidelines on residential development, especially involving the issue of gazetted international land.

KUALA LUMPUR (September 5): Tun Dr Mahathir Mohamad has confirmed that Chinese nationals may purchase residential units at Forest City, but visas will not be issued to them.

KUALA LUMPUR (Aug 30): The Johor administration has explained that it does not “discriminate against or segregate foreign property buyers according to regions or countries of origin” but they are subject to rules and regulations when buying residential property in Iskandar Malaysia, The Star reported today.

ISKANDAR PUTERI (August 30): To ease traffic conditions at the existing links, Johor plans to build a third link bridge in Sungai Rengit, Pengerang, Kota Tinggi district.

KUALA LUMPUR (Aug 30): The minority shareholders of TA Enterprise Bhd (TAE) have been told to reject the takeover bid launched by veteran stockbroker Datuk Tony Tiah Thee Kian, which has been deemed "not fair and not reasonable" by independent adviser BDO Capital Consultants Sdn Bhd (BDO CC).

KUALA LUMPUR (Aug 29): The last-mile connectivity to public transit is an area that Ireka Corp Bhd would focus on moving forward amid the growing need for an improved public transportation in the country.

KUALA LUMPUR (Aug 28): Daiman Development Bhd shares rose as much as 65 sen or 30% to RM2.

KUALA LUMPUR (Aug 28): The major shareholders of Daiman Development Bhd have proposed to undertake a selective capital reduction (SCR) and repayment exercise to take the company private at RM3 a share or RM295.

KUALA LUMPUR (Aug 17): Ferries have been icons of the Pearl of The Orient for decades.

KOTA ISKANDAR (August 14): Johor Mentri Besar Datuk Osman Sapian said the land of the Jalan Segget Umno building belongs to the Johor Bahru City Council (MBJB).