Riza Aziz RM1.18b money laundering trial tentatively set for January 2020
KUALA LUMPUR (Aug 9): The trial for Riza Shahriz Abdul Aziz (pictured), stepson of Datuk Seri Najib Razak, entailing five charges of money laundering amounting to US$248.
Advance Synergy to buy back resort hotel for RM23m
KUALA LUMPUR (Aug 9): Cherating Holiday Villa Bhd (CHV), an indirect wholly-owned unit of Advance Synergy Bhd, is planning to buy back a resort hotel in Cherating, Kuantan from Amanah Raya Bhd for RM22.
Sunway REIT 4Q NPI up 11%, declares 2.28 sen DPU
KUALA LUMPUR (Aug 9): Boosted by new income contribution from newly acquired Sunway university and college campus, as well as higher retail contribution, Sunway Real Estate Investment Trust (REIT) posted an 11% rise in net property income (NPI) to RM111.
34-year-old Japanese lady spends RM6 a day on food for 16 years; now retired with three homes
KUALA LUMPUR (Aug 9): You may have heard some people exclaiming – Wah, if I buy this house ah, I will need to eat instant noodles every day liao! But it looks like a Japanese woman has taken frugality to extreme (zen maybe?) levels to buy property.
Property Management: Ask the experts — Regular checks and defects
Q: Which are the main parts of a condominium that must undergo regular checks? There are mandated periodic inspections stipulated by various authorities after the first and/or second year of Vacant Possession.
ECM Libra buys three more hotels for RM62m
KUALA LUMPUR (Aug 9): ECM Libra Financial Group Bhd is buying three hotels, together with the land where they are built on, from Tune Hotels Sdn Bhd for RM62.
Berjaya Land redesignates ED Syed Ali to CEO
KUALA LUMPUR (Aug 9): Berjaya Land Bhd (BLand) has redesignated its executive director (ED) Syed Ali Shahul Hameed as the company’s chief executive officer (CEO) effective yesterday.
重点报道：缓慢转型中的Chan Sow Lin
Jalan Chan Sow Lin地区是吉隆坡历史最悠久的工业区之一，当中有许多老旧的工厂、仓库及汽车修理厂。 这个以锡矿大亨陈秀莲命名的地区，是在20世纪初期设立的。 但在近几年，许多新的发展项目在当地兴起，例如Mah Sing Group Bhd的Southgate Commercial Centre、Utusan Melayu (Malaysia) Bhd的The Trax综合发展项目，还有Akisama Group的One Residences服务式公寓。 在未来数年，还有更多项目将入驻Chan Sow Lin，当中包括一座高达66层楼的摩天大楼。 另一方面，Jalan Chan Sow Lin也将在三年后迎来一个捷运（MRT）站。这个捷运站将介于Tun Razak Exchange（TRX）站与Bandar Malaysia North站之间，并连接到现有的Ampang轻快铁线。 从如今的情况来看，Chan Sow Lin的现代化转变正在逐渐成形，但对于房产买家和投资者来说，这个地区是否值得他们关注呢？这个老旧工业区的未来又会是怎么样？ 逐渐成为一个广受欢迎的地区 Nawawi Tie Leung私人有限公司董事经理Eddy Wong向EdgeProp.
SRC trial: 1MDB did not follow my rationalisation plan, says Husni
KUALA LUMPUR (Aug 8): The parties tasked to implement the debt rationalisation plan of 1Malaysia Development Bhd (1MDB) did not follow the original plan, former second finance minister Datuk Seri Ahmad Husni Hanadzlah (pictured) told the High Court today.
