News about IT

More than three months in, what has the government done right so far? What has it missed? More importantly, how should it move forward?  Focusing on the housing and property sector, EdgeProp.

Trying to get some fresh air this weekend? Head over to Putrajaya this weekend to visit the Royal Floria Putrajaya flower show.

KUALA LUMPUR (Aug 24): The superyacht Equanimity, which is linked to Low Taek Jho — the alleged mastermind behind 1Malaysia Development Bhd's troubles — may find a new owner "in the next two or three months" after a Malaysian court granted an application to facilitate the sale of the vessel today.

PETALING JAYA (Aug 24): Hong Kong-listed property developer Country Garden Holdings founder and chairman Yeung Kwok Keung is confident in Malaysia’s economic prospects under the new government and plans to enlarge its investments in Malaysia, according to a report by Chinese daily Nanyang Siang Pau.

PUTRAJAYA (Aug 24): The Federal Territories (FT) Ministry has set up a special committee to study sustainable ways for Yayasan Wilayah Persekutuan (YWP) to generate its own funding, said its minister Khalid Samad.

Tambun Indah Land Bhd (Aug 23, 98 sen) Upgrade to buy with a higher target price of RM1.

KUALA LUMPUR (Aug 24): A spokesman for Low Taek Jho, through his attorneys, issued a statement today saying the Malaysian government's immediate plan to sell the yacht Equanimity at a public auction is unlikely to get a fair market value for the asset due to the yacht's maintenance cost.

KUALA LUMPUR (Aug 24): Guocoland (Malaysia) Bhd incurred a net loss of RM20.

KUALA LUMPUR (Aug 23): Imagine your neighbourhood being clogged up by outsiders using it as a shortcut to their destinations.

KEPONG (Aug 23): Kepong MP Lim Lip Eng will lodge a report with the Malaysian Anti-Corruption Commission to investigate 19 pieces of land owned by Yayasan Wilayah Persekutuan (YWP).