Rehda: Have a more equitable formula to calculate share units in mixed developments

PETALING JAYA (Nov 8): The Real Estate & Housing Developers’ Association Malaysia (Rehda) has urged the government to amend the relevant Acts and Regulations to provide the Land and Mines Office (PTG) with the power to approve a comprehensive and more “equitable” formula and weightage factors to calculate share units for the different components of a mixed development.

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Former FIC CEO denies implicating Isa Samad

KUALA LUMPUR (Oct 17): Felda Investment Corp Sdn Bhd (FIC) ex-chief executive officer (CEO) Mohd Zaid Abdul Jalil (pictured) denied at the High Court here today that he had during his remand in August 2017, implicated former Federal Land Development Authority (Felda) chairman Tan Sri Mohd Isa Abdul Samad over criminal breach of trust and graft charges.

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