Battersea Power Station owners said to sound out for £1.5b bank loans
PETALING JAYA (May 23): The Employees Provident Fund (EPF) and Permodalan Nasional Bhd (PNB) have allegedly sounded out to banks for a loan of around £1.
Pasukhas sees 4.68% stake cross off-market
KUALA LUMPUR (April 10): Pasukhas Group Bhd saw 38 million shares, representing a 4.
Court of Appeal rules that homebuyers must be heard before extension of time is applied
PETALING JAYA (March 30): The Ministry of Urban Wellbeing, Housing and Local Government must give homebuyers the right to be heard before developers are given an extension of time (EOT) to complete a project, the Court of Appeal ruled today.
Rejection rate of housing loan applications drops below average, says Bank Negara
PETALING JAYA (March 28): The rejection rate of housing applications has declined to below the average rate of about a quarter of all cases, said Bank Negara Malaysia (BNM) in its “Financial Stability and Payment Systems Report 2017”.
CIMB launches 1-Minute Home Financing
PETALING JAYA (March 6): CIMB Bank Bhd and CIMB Islamic Bank Bhd has launched the 1-Minute Home Financing — a paperless service that enables approval of mortgages within a minute after submitting all information and relevant documents for a loan application — as part of its InstaApproval platform today.
MIEA urges public to deal with registered agents
KUALA LUMPUR (March 2): The Malaysian Institute of Estate Agents (MIEA) has urged the public to use the services of registered real estate agents or negotiators to help develop and strengthen the industry.
SP Setia sets RM5 billion sales target for FY18
KUALA LUMPUR (Feb 27): S P Setia Bhd has set a sales target of RM5 billion for its 2018 financial year (FY18) ending Dec 31.
This is the problem with Apple’s new California headquarters
PETALING JAYA (Feb 19): Apple Inc’s gleaming new headquarters at Cupertino, California, is a futuristic architectural edifice of glass that come with one unfortunate flaw — staff on the campus keep walking into its many panes.
EPF to conduct immediate investigation into the cause of fire
\KUALA LUMPUR (Feb 13): The Employees Provident Fund (EPF) has reassured the public that its member and employer services have not been affected by the fire incident and that all transactions can be conducted as per normal at its other branches nationwide, or online via the iAkaun app.
Timeless treasures
Where else but in Malaysia is “Have you eaten?” an appropriate alternative to “Good morning”, when salutations are exchanged at the start of the day? Yes, “Dah makan?” is not just a greeting but, in truth, a clue to the collective psyche of the Malaysian people.
