News about ER

Real Also DONE DEAL: 4.

KUALA LUMPUR (Nov 9): While developers’ property sales in the upcoming third quarter of 2021 (3Q21) financial reports could be weak amid the lockdown, UOB Research expects it to be more resilient this time versus 2Q20’s lockdown, thanks to ongoing digitalisation efforts (virtual marketing).

KUALA LUMPUR (Nov 8): KLCCP Stapled Group’s net profit for the third quarter ended Sept 30, 2021 (3QFY21) declined by 13.

PETALING JAYA (Nov 8): Sime Darby Property Bhd's Elmina Green Five in the City of Elmina and Trilia landed homes in Bukit Jelutong, Selangor have achieved a 100% take-up rate in under five minutes.

KUALA LUMPUR (Nov 8): The High Court has decided in favour of Roger Ng Chong Hwa and his wife Lim Hwee Bin in the forfeiture action by the government, as the prosecutor did not provide any proof how several bank accounts of the respondents were related to or used for the commission of unlawful activities.

KUALA LUMPUR (Nov 7): The administrator of Malaysia's Covid-19-driven MySejahtera mobile application to assist in the monitoring of the outbreak in the country on Sunday apologised for errors which allowed random users to be given home surveillance order (HSO) and person under surveillance (PUS) statuses.

KUALA LUMPUR (Nov 7): The High Court in Johor Bahru on Sunday ordered ex-Johor executive council member Datuk Abd Latif Bandi, his son and a former real estate consultant to enter their defence against 37 corruption and money laundering charges involving more than RM30 million as the prosecution had proven a prima facie case against the accused, who were charged in 2017 for receiving bribes from property developers who requested for the change in bumiputra land status in Malaysia.

According to earlier news reports, the Housing and Local Government Minister Datuk Seri Reezal Merican Naina Merican said there are only four developers in Malaysia capable of carry­ing out the build-then-sell (BTS) concept.

KUALA LUMPUR (Nov 4): Fitch Solutions, the research unit of Fitch Group, is expecting Bank Negara Malaysia to raise the overnight policy rate (OPR) by 50 basis points (bps) to 2.

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