FIC hotel purchase probe ongoing, don't speculate, says MACC

KUALA LUMPUR (Oct 26): There should not be any speculation concerning the purchase of the four-star hotel in Kensington, London, by Felda Investment Corporation (FIC) as the case is still under probe, said Malaysian Anti-Corruption Commission (MACC) deputy chief commissioner (Operation) Azam Baki, Bernama reported today.

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Deputy minister refutes Rafizi’s claim about Felda’s London assets

KUALA LUMPUR (Oct 25): Deputy Minister in the Prime Minister’s Department Datuk Razali Ibrahim has denied opposition lawmaker Mohd Rafizi Ramli’s claim that a Felda Investment Corp Sdn Bhd (FIC) subsidiary was registered on the very day the lawmaker “revealed” that the firm does not own its hotels in London.

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APSDA aims to grow into a strong regional body for interior designers

PETALING JAYA (Oct 20): The recently formed Asia Pacific Space Designers Alliance (APSDA) aims to expand its member base from the current 20,540 members across eight member countries — Malaysia, China, Australia, Indonesia, India, Japan, the Philippines and Thailand — said its president Chris Yap Seng Chye.

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Forest City won’t suffer from low occupancies in long term

PETALING JAYA (Oct 5): Forest City in Johor will not suffer from low occupancy in the long term, owing to the incoming high-speed rail and the job opportunities being created within the region, said Country Garden Pacificview Sdn Bhd president and chief strategy officer Dr Yu Runze.

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Are you launching the right products?

PETALING JAYA (Oct 5): With the current slowdown state of the property market, what kind of products are the market looking for? UEM Sunrise CEO and managing director, Anwar Syahrin Abdul Ajib noted that 2-3 storey terraced homes are still in high demand and the most transacted in the region of Klang Valley and Johor.

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