Latent defects — now you can make claims after six years but…
Many may not be aware that they have generally six years’ period to commence legal action to enforce their rights if they suffer from any physical or financial injury.
New art sculpture using digital textile print installed at Kwai Chai Hong
KUALA LUMPUR (March 26): Kwai Chai Hong (KCH), or the Little Ghost Lane, now presents a new permanent art sculpture by Alice Chang of the Lai Lai Art Studio and traditional fabric-dye installation in an effort to celebrate Chinese culture and heritage.
PRG sinks back into the red on impairment losses
KUALA LUMPUR (March 24): PRG Holdings Bhd, which is involved in the manufacturing of webbings, furniture components and the property sector, posted a net loss of RM28.
CapitaLand's restructuring exercise paves way for others to follow
SINGAPORE (March 24): The major restructuring plan by CapitaLand to consolidate its fund management and lodging business into a new entity as well as taking its property development business private may pave the way for other industry players to follow suit, reported Bloomberg.
Trive Property auditor Jamal, Amin & Partners resigns following sanction by AOB
KUALA LUMPUR (March 23): Trive Property Group Bhd said its external auditor Jamal, Amin & Partners (JAP) had resigned following the Audit Oversight Board (AOB)’s sanction on the audit firm on March 17, 2021.
IHH associate Parkway Life REIT to repurchase earlier debt with new 3.3 bil yen notes issue
KUALA LUMPUR (March 23): IHH Healthcare Bhd’s 37.
Suspension of Lay Hong's Jeram 1 farm lifted after DVS finds all farms free of Salmonella
KUALA LUMPUR (March 22): The suspension of Lay Hong Bhd's production from its Jeram 1 farm in Selangor was lifted today as all of the group's farms are declared free of Salmonella Enteritidis (SE).
CapitaLand to restructure business, new entity to be listed on SGX; shareholders to receive implied consideration of S$4.102 per share
SINGAPORE (March 22): CapitaLand, on March 22, has announced a scheme of arrangement with CLA Real Estate Holdings.
Widad calls off RM122m concession biz acquisition from Menang Corp
KUALA LUMPUR (March 19): Widad Group Bhd has called off the proposed acquisition of Inovatif Mewah Sdn Bhd for RM122 million from Menang Corp Bhd.
Challenging year ahead for retail, hospitality segments, says KLCC REIT
KUALA LUMPUR (March 19): KLCC Real Estate Investment Trust (KLCC REIT), which is part of KLCCP Stapled Group with KLCC Property Holdings Bhd, foresees a challenging outlook for the retail and hospitality segments going into 2021, given the ripple effect from the Covid-19 pandemic.
