Felda overpaid for Grand Plaza apartments, says Rafizi
KUALA LUMPUR (Oct 17): Opposition lawmaker Rafizi Ramli has alleged that the Federal Land Development Authority (Felda) had overpaid approximately RM180 million (about £30 million) for the £95.
EcoWorld hits RM3.95 bil sales in first 10 months of FY2017
PETALING JAYA (Sept 14): Eco World Development Group Bhd (EcoWorld Malaysia) and its international property arm EcoWorld International Bhd (EWI) announced that as at Aug 31, 2017, they have achieved a total sales of RM3.
Syed Mohamed is now Encorp chairman
KUALA LUMPUR (Aug 26): Encorp Bhd has appointed former banker Datuk Syed Mohamed Syed Ibrahim as its chairman, replacing Tan Sri Mohd Isa Abdul Samad, who resigned in mid-August amid an anti-graft probe over the purchase of a luxury hotel in Kensington, London.
MACC to meet witnesses overseas over London hotel probe
KUALA LUMPUR (Aug 24): The Malaysian Anti-Corruption Commission (MACC) will have to go to foreign shores to continue its investigations into Felda Investment Corp’s (FIC) London hotel purchase.
Mohd Isa is a suspect, not witness, says MACC
KUALA LUMPUR (Aug 21): Former Felda chairperson Mohd Isa Samad is a suspect in the purchase of two hotels by Felda Investment Corp (FIC), the MACC confirmed today.
Lower property sales and high staff costs hit Enra’s 1Q earnings
KUALA LUMPUR (Aug 18): Lower property sales and higher staff costs have dragged Enra Group Bhd’s first quarter earnings down, with net profit falling 19.
MACC probing third FIC hotel
KUALA LUMPUR (Aug 18): The Malaysian Anti-Corruption Commission (MACC) is now probing a third hotel deal made by a Felda unit back in 2012, The New Straits Times (NST) reported today.
Higher Battersea cost due to building envelope
KUALA LUMPUR (Aug 18): S P Setia Bhd has confirmed that the second phase of the Battersea Power Station project in London has seen rising construction costs due to a push-up for the building envelope, changes in design and inflation.
Isa Samad remanded for five days over MACC investigation
PUTRAJAYA (Aug 16): Former Felda chairman Tan Sri Mohd Isa Abdul Samad (pictured) was remanded for five days from today to assist the Malaysian Anti-Corruption Commission (MACC) in its probe into the purchase of a posh hotel by Felda Investment Corp (FIC) in Kensington, London, between 2014 and 2015, Bernama reported today.
MACC to call in key person over FIC London, Kuching hotel deals next week
KUALA LUMPUR (Aug 10): The Malaysian Anti-Corruption Commission (MACC) will next week call in a key person to help in the probes in connection with the purchases of hotels in London and Kuching, Sarawak by Felda Investment Corp (FIC), Bernama reported yesterday.
