News about Country Garden Holdings

PETALING JAYA (Sept 2): Putrajaya will come up with more explicit guidelines related to foreign purchases of properties into the RM410 billion-Forest City in Johor to help investors avoid making risky decisions, said Housing and Local Government Minister Zuraida Kamaruddin.

PETALING JAYA (Aug 31): Country Garden Pacificview Sdn Bhd has cancelled the opening ceremony of its RM1.

PETALING JAYA (Aug 28): The Malaysian government has stressed that foreigners who wish to reside in Malaysia need to apply for permanent residency through the Malaysia My Second Home (MM2H) program.

PETALING JAYA (Aug 28): The decision to ban foreign buyers of units in Country Garden Holdings' Forest City development in Johor is not official yet, said Housing and Local Government Minister Zuraida Kamaruddin.

KUALA LUMPUR (Aug 28): Country Garden Holdings’ shares “see-sawed” yesterday after Malaysian Prime Minister Tun Dr Mahathir Mohamad announced that foreigners will not be allowed to buy property at the Forest City (pictured) mega project in Johor.

PETALING JAYA (Aug 27): Country Garden Pacificview Sdn Bhd, the master developer of Forest City in Iskandar Malaysia, Johor, reiterated that all its property transactions comply with all Malaysian laws and regulations and have the necessary approvals to be sold to foreign purchasers.

PETALING JAYA (Aug 24): Hong Kong-listed property developer Country Garden Holdings founder and chairman Yeung Kwok Keung is confident in Malaysia’s economic prospects under the new government and plans to enlarge its investments in Malaysia, according to a report by Chinese daily Nanyang Siang Pau.

KUALA LUMPUR (June 28): RAM Rating Services Bhd said today that it remains cautious of China-based Country Garden Holdings Co Ltd’s aggressive risk appetite, particularly in terms of land acquisition and total debt.

PETALING JAYA (March 22): Country Garden Holdings Co Ltd saw its contracted sales rise 78.

PETALING JAYA (Jan 9): Yang Huiyan – the controlling shareholder of Country Garden Holdings Co, and China’s richest woman — saw her wealth burgeon by US$2.