Ekovest plans to pay RM245 mil special dividend
KUALA LUMPUR (Nov 9): Ekovest Bhd intends to distribute RM245 million as special dividend to shareholders, which accounts for 21.
PR1MA loan applicants’ Account 2 to be ring-fenced
KUALA LUMPUR (Nov 1): The Employees Provident Fund (EPF) said applicants of the “step-up” end-financing scheme for the 1Malaysia People’s Housing Programme (PR1MA) — which was announced in Budget 2017 — will not be able to make any other withdrawals from their EPF Account 2, at least not until their PR1MA loan is settled.
On ways to lift the market
Continues from: On bringing down property prices ‘No more goose that lays the golden egg’ Tan (pictured): Right now we have many properties unsold in certain sectors.
On the property sector’s outlook — Is the worst over?
Continues from: On ways to lift the market ‘Prices will not come down but .
New special ‘step-up’ end-financing scheme PR1MA
Property sector Maintain neutral: In the Budget 2017 announced last Friday, the government announced a new special “step-up” end-financing scheme for PR1MA (1Malaysia People’s Housing Programme).
EPF reaffirms PR1MA new financing scheme is for first withdrawal
KUALA LUMPUR (Oct 21): The Employees Provident Fund (EPF) reaffirmed today that a facility will be introduced for members who meet Perumahan Rakyat 1Malaysia's (PR1MA) eligibility criteria.
‘EPF funds should only be used for retirement’
KUALA LUMPUR (Oct 20): Prominent financial adviser Yap Ming Hui (pictured) said he opposes the proposal to allow first-time homebuyers to withdraw more funds from their Employees Provident Fund (EPF) savings to finance their purchases as this would encourage bad personal finance management habits.
Construction of BBCC mall to start next year
KUALA LUMPUR (Oct 14): The construction work for the retail mall at Bukit Bintang City Centre in Kuala Lumpur will start in January 2017 and is expected to be completed by 2021.