News about Act

KUALA LUMPUR (June 3): The Lady Superior of the Society of Saint Maur, which runs Sekolah Menengah Kebangsaan (SMK) Convent Bukit Nanas (CBN) (pictured), has halted its legal challenge against the government’s decision on non-renewal of its land lease due to expire on Sept 6 this year.

KUALA LUMPUR (May 28): Leaders of Penang’s manufacturing industry have declared their support for expediting inoculation efforts against Covid-19, but firmly stated that vaccination procurement should be left to the federal government.

PETALING JAYA (May 28): The Real Estate and Housing Developers' Association Malaysia (REHDA) has urged the Government to amend the Temporary Measures for Reducing the Impact of Coronavirus Diseases 2019 (Covid-19) Act (Act 829) to suit current needs.

For too long, loan borrowers have been at the losing end as many do not fully understand the terms and conditions (T&C) stated in housing loans or financing contracts.

Read also DONE DEAL: Condominium at The Sentral Residences, Kuala Lumpur DONE DEAL: Serviced apartment at Pavilion Residences, Jalan Bukit Bintang, Kuala Lumpur Developed by UEM Sunrise, SILC is the developer’s flagship industrial park development in Iskandar Puteri.

KUALA LUMPUR (May 21): Y&G Corp Bhd, whose shares hit limit up thrice in the last four trading days, said it is unaware of any possible reason for the high trading activity and sharp rise in the company's share price.

KUALA LUMPUR (May 20): The Federation of Malaysian Manufacturers (FFM) relayed support for stricter standard operating procedures (SOPs) to prevent the spread of Covid-19 and its opposition over a total lockdown, asserting that it will "cost irreparable damage" to the economy.

KUALA LUMPUR (May 20): Property developer Y&G Corp Bhd has been slapped with an unusual market activity (UMA) query by Bursa Malaysia, after its share price hit limit up again today.

When a developer is wound up before completion of its duties and contractual obligations, a liquidator fills the void and takes on the duties of the former, such as completing the construction of the buildings or facilities left by the defunct developer, delivering vacant possession or applying for individual or strata titles, so as not to leave the purchasers in a lurch.

It all started during a casual dinner with close friends, where everyone shared how their lives were in dealing with the pandemic times.