News about IT

ParkCity Holdings recorded many “firsts” when it launched the 473-acre freehold township development called Desa ParkCity in Kepong, Kuala Lumpur in 2002.

KUALA LUMPUR (Aug 15): The temporary increase of the gearing limit for real estate investment trusts (REITs) by the Securities Commission Malaysia (SC) “is seen as timely for the sector”, The Edge Malaysia reported recently.

KUALA LUMPUR (Aug 15): LBS Bina Group Bhd’s digital investments made before the Covid-19 pandemic “are starting to bear fruit”, The Edge Malaysia reported.

KUALA LUMPUR (Aug 15): It was reported earlier this week that property developer Hatten Land Ltd managed to find a “white knight”, Singapore-based hospitality and investment firm Tayrona Capital Pte Ltd, to revive the RM2.

KUALA LUMPUR (Aug 16): While the Malaysian Employers Federation (MEF) has lauded the government’s decision to allow the re-employment of foreign workers who are currently still in the country and are no longer required by their existing employers, it has questioned the need for valid work permits.

KUALA LUMPUR (Aug 14): MRCB-Quill REIT's (MQREIT) net profit for the second quarter ended June 30, 2020 rose 16% to RM19.

KUALA LUMPUR (Aug 14): The High Court here today fixed Sept 29 to hear the appeal of former Supermax Corp Bhd group managing director Datuk Seri Stanley Thai Kim Sim and former remisier Tiong Kiong Choon who had each been sentenced to five years' jail and fined for insider trading in relation to APL Industries Bhd (APLI).

KUALA LUMPUR (Aug 14): The High Court here had today dismissed former prime minister Datuk Seri Najib Razak's (pictured) application to strike out the 1Malaysia Development Bhd (1MDB) audit report tampering charge against him.

I just recently learnt from an international arbitration news site that the Malaysian government had reached an amicable settlement with the estate of Boonsom Boonyanit, a Thai national, some time in October 2018.

These days, people buy homes for more than a roof over their heads.