Manhattan penthouse bought with stolen 1MDB fund up in the market
KUALA LUMPUR (June 26): A penthouse in Manhattan’s Walker Tower, USA, allegedly purchased with money funnelled from 1Malaysia Development Bhd (1MDB), will be put up for sale.
KUALA LUMPUR (June 26): A penthouse in Manhattan’s Walker Tower, USA, allegedly purchased with money funnelled from 1Malaysia Development Bhd (1MDB), will be put up for sale.
KUALA LUMPUR (Jun 25): Construction company TRC Synergy Bhd expects to post flat revenue growth in the current financial year ending Dec 31, 2019 (FY19) on fewer construction jobs.
KUALA LUMPUR (June 25): Fajarbaru Builder Group Bhd has secured a RM297.
LONDON (June 24): Despite the challenging market and amidst negative news about Brexit, the Battersea Power Station development in London continues to attract domestic and foreign buyers as its residential projects have achieved about £120 million (RM634 million) in sales over the past 12 months.
KUALA LUMPUR (June 24): Lawyers appearing for Goldman Sachs International, which is facing four summonses by the prosecution for capital market offences, have sought further time to study the summons served against the multinational investment bank and financial services company.
KUALA LUMPUR (June 24): The trade diversion benefits caused by the ongoing US-China dispute may not necessarily translate into longer term developments that can contribute to the economy, says International Monetary Fund (IMF) managing director Christine Lagarde.
KUALA LUMPUR (June 24): Rare earths producer Lynas Corp says today that it is committed to relocating the first stage processing of its rare earth – where the material is separated from the low level, naturally occuring radioactive material (NORM) it is found with – to Australia over the next five years.
KUALA LUMPUR (June 24): Local think tank Socio-Economic Research Centre (SERC) says it will be "still quite challenging" for Malaysia to achieve a gross domestic product (GDP) growth of 5% for the full year of 2019 due to the contraction in export and slowdown in private investment figures.
PETALING JAYA: Property transactions are often time consuming as they involve various parties and processes which can take months or even years to complete.
Many of us may be familiar with the story of Kebun-Kebun Bangsar (KKB) spearheaded by landscape architect Ng Sek San and his team of volunteers.