Boustead Plantations RM750 million land buy in Sabah
Falling crude oil prices aside, an RM750 million cash acquisition of 42 parcels of plantation land, a total of 11,579.
Cagamas: M40 shared equity home ownership scheme in the works
The National Mortgage Corporation of Malaysia (Cagamas Bhd) plans to introduce a shared equity home ownership scheme for the middle 40% (M40).
Management bodies and how they function
Strata management issues run the gamut of community living, from the sharing of common property, to pooling of financial resources for the maintenance of the subdivided building and common property, to getting volunteers to be part of the management team.
Audit reveals "ridiculous" double payment to MAPS employees and contractors
IPOH (April 12): Audit reports into the Movie Animation Park Studios (MAPS) show double payments to the company’s employees and the subcontractors hired.
ECRL to proceed, cost reduced by RM21.5 bil
KUALA LUMPUR (April 12): Malaysia Rail Link Sdn Bhd (MRL) and China Communications Construction Co Ltd (CCCC) have signed a supplementary agreement pursuant to the East Coast Rail Link (ECRL) project, which will proceed at a lower cost of RM44 billion compared with its original cost of RM65.
Dr M says rulers with absolute power may use it for their own interests
PETALING JAYA (April 12): Prime Minister Tun Dr Mahathir Mohamad today said if the rulers have absolute powers, they may use the power for their own interests.
Prominent businessman and wife plead not guilty to maid abuse charge
KLANG (April 12): The former president of the Malaysian Associated Indian Chambers of Commerce and Industry and his wife claimed trial to three charges of exploitation and forced labour at the Sessions Court today.
EWI buys out Salcon in Australian property firm
KUALA LUMPUR (April 12): Eco World International Bhd is buying the remaining 20% it does not own in an Australian joint venture (JV) company with Salcon Bhd for A$4.
Najib faces 3-month ban from Parliament over Felda white paper leak
KUALA LUMPUR (April 11): Former prime minister Datuk Seri Najib Razak faces a three-month ban from Parliament for allegedly leaking parts of the Federal Land Development Authority (Felda) white paper that was tabled at Parliament yesterday.
Vizione buys over joint developer of RM111.3m apartment project on Jln Kuchai Lama
KUALA LUMPUR (April 11): Vizione Holdings Bhd is buying the entire stake in a property developer company that is jointly developing a block of serviced apartments called 'The 216 Residences' which carry an estimated gross development value of RM111.
