News about PA

  KUALA LUMPUR (Aug 7): The High Court today struck off the civil lawsuit filed by former premier Tun Dr Mahathir Mohamad and five others against Prime Minister Tan Sri Muhyiddin Yassin over the termination of their membership in Parti Pribumi Bersatu Malaysia (Bersatu).

Although market sentiment is generally bearish owing to the Covid-19 pandemic and economic slowdown, Malaysia has been able to fend off the worst thus far, thanks to its strong fundamentals and the government’s efforts to bolster the economy.

Malaysians are now under the Recovery Movement Control Order (RMCO) where Covid-19-related restrictions have been relaxed nationwide.

KUALA LUMPUR (Aug 7): International co-working space operator WeWork has seen the member growth in Malaysia has increased 15% from March to July 2020.

The current property market downturn in Malaysia has pushed property developers to offer myriad attractive packages, freebies and even financial assistance to lure purchasers.

KUALA LUMPUR (Aug 6): The previous Pakatan Harapan (PH) government had allegedly sought a US$4 billion settlement with Goldman Sachs over 1Malaysia Development Bhd (1MDB) scandal, Finance Minister Tengku Datuk Seri Zafrul Aziz (pictured) told the Dewan Rakyat today.

KUALA LUMPUR (Aug 6): The High Court here today rejected an application by businessman Deepak Jaikishan to include ex-prime minister Datuk Seri Najib Razak, his wife Datin Seri Rosmah Mansor, and six others as third parties in a legal action pursued by the family of the late private investigator (PI) P Balasubramaniam.

KUALA LUMPUR (Aug 6): The local Chinese business community remains gloomy on this year’s economic outlook, but over two-thirds of them feel they can survive the challenges brought about by the Covid-19 pandemic.

Sold for: RM500,000 (RM420 psf) Concluded by: Jin Teok (REN 24772) (012-771 7963) of Fortress Real Estate Sdn Bhd When: June 2020 Noteworthy: ● Leasehold ● Built-up size: 1,190 sq ft ● Three bedrooms; two bathrooms ● Unfurnished unit ● Low floor unit with a garden view ● Facilities: Two infinity pools, a clubhouse, two lap pools, two children’s pools, sauna, gym, badminton court, steam room, barbecue area and a tennis court ● Amenities: Schools, shopping malls, hypermarket and supermarket, hospital, medical centre, eateries and restaurants, commercial hub and banks ● Easy access via Damansara-Puchong Expressway (LDP), Western KL Traffic Dispersal System (SPRINT) and Kuala Lumpur Middle Ring Road 2 (MRR2) Read also DONE DEAL: Factory, Kawasan Perusahaan Bandar Sultan Sulaiman, Klang, Selangor DONE DEAL: Condo unit, Seri Hijauan, Shah Alam, Selangor Metropolitan Square is a mixed development project by MK Land Holdings (now known as EMKAY Group).

KUALA LUMPUR (Aug 5): The 17th prosecution witness in Datin Seri Rosmah Mansor’s (pictured) solar graft trial testified that until today, Jepak Holdings Sdn Bhd has not received a receipt acknowledging the “political contribution” of RM6.