News about MD

PETALING JAYA (July 27): The online property auction platform e-Lelong for court auctions of immovable properties will be able to strengthen the integrity of the public auction process, said Chief Justice of Malaysia Tan Sri Md Raus Sharif.

KUALA LUMPUR (July 26): Shares of Iskandar Waterfront City Bhd (IWCity) rebounded 1.

  PUTRAJAYA (July 18): The pilot project for the country’s online property auction platform e-Lelong for court auctions of immovable properties will be officially launched on July 27.

PETALING JAYA (June 5): SMD Development Sdn Bhd is planning property launches worth some RM880 million starting mid-2017 to 2019, said its CEO Datuk Jeffery Tan.

KOTA KEMUNING (May 16): IWH CREC Sdn Bhd is allowed to bid for the Bandar Malaysia real estate project again as long as the offer is right for the Malaysian Government, according to Minister in the Prime Minister's Department Datuk Seri Abdul Rahman Dahlan.

KUALA LUMPUR: The finance ministry (MoF) has confirmed that 1Malaysia Development Bhd (1MDB) president Arul Kanda Kandasamy has been removed from Bandar Malaysia Sdn Bhd.

KUALA LUMPUR (May 12): IWH CREC Sdn Bhd has received the refund of RM741 million that it had paid as deposit to purchase a 60% equity stake in Bandar Malaysia Sdn Bhd for RM7.

KUALA LUMPUR (May 9): 1Malaysia Development Bhd (1MDB) president Arul Kanda Kandasamy has yet to receive any “official notification” of being removed from the board of TRX City Sdn Bhd and Bandar Malaysia Sdn Bhd.

PETALING JAYA (May 4): 1MDB chairman Tan Sri Irwan Serigar Abdullah said the Bandar Malaysia project will go ahead, Malaysiakini reported last night.

KUALA LUMPUR (May 5): Questions are now being raised over who will refund the RM741 million deposit paid by a consortium led by Iskandar Waterfront Holdings Sdn Bhd (IWH) to acquire a 60% equity interest in Bandar Malaysia Sdn Bhd after the deal was called off on Wednesday.