News about Ong

From being a nuisance to having a negative financial impact on hoteliers, short-term stays are not about to go away.

KUALA LUMPUR (May 18): Yong Tai Bhd has entered into debt settlement agreements with 19 creditors to pay off RM46 million owed by issuing 92 million new shares at 50 sen per share.

This is Part 2 of an article published here.

“When we buy a luxury car for RM800,000, we can get our bank facility within two or three days without a lawyer, but when we buy a house for RM300,000, we are required to have a battery of lawyers to complete the transaction which takes an average of three to six months.

JOHOR BAHRU (May 5): The East Coast Rail Link (ECRL) project is expected to solve traffic congestion faced by road users especially those heading to the east coast during the festive season, once completed by the end of 2026.

Yesterday (April 13), the Federal Court dismissed the leave applications brought by Country Garden Danga Bay Sdn Bhd (CGDB) against a group of seven unit purchasers of Country Garden Danga Bay, Johor Bahru.

Some developers are ‘arm-twisting’ house buyers to sign away their rights to late delivery compensations, but are such waivers legitimate?  Ever so often, when developers fail to complete their projects on time, they devise ways and means to avoid paying compensation for late delivery or liquidated ascertained damages (LAD) to their house buyers.

On June 14, 2017, the stillness of the night was rudely shattered at 12.

KUALA LUMPUR (April 1): Inta Bina Group Bhd has announced the appointment of Au Foong Yee as the company’s independent and non-executive director, its filing showed with Bursa Malaysia on Friday.

KUALA LUMPUR (March 25): Wong Engineering Corp Bhd’s net profit slumped by 87.