News about S

KUALA LUMPUR (Aug 20): Datuk Lai Voon Hon (pictured) has resigned as Ireka Corp Bhd chairman effective yesterday, after holding the post for just one and a half months.

The collection of booking fees by developers is a common practice in Malaysia during property transactions, but many might not be aware that it is actually prohibited under the Housing Development (Control and Licensing) Regulations 1989 (HDR).

Listed at a price of US$15.

  Axis-REIT has completed four property acquisitions this year and is still on an active hunt for more to expand its portfolio.

Not every player in the real estate sector is struggling to stay afloat.

KUALA LUMPUR (Aug 19): Sunway Construction Group Bhd's (SunCon) net profit more than trebled to RM8.

KUALA LUMPUR (Aug 19): Former 1Malaysia Development Bhd CEO Mohd Hazem Abdul Rahman (pictured) today denied that he failed to disclose to the company’s directors about a purported buyback agreement with a fake company to protect his salary and annual bonus amounting to RM2.

KUALA LUMPUR (Aug 19): There was no indication in the memorandum of understanding (MoU) signed between the Penang state government and Beijing Urban Construction Group (BUCG) in 2011 that the undersea tunnel project would be awarded by way of open tender, former state executive councillor Datuk Lim Hock Seng (pictured) testified today.

KUALA LUMPUR (Aug 19): Hong Kong will not allow “vaccine recipients in Malaysia” from entering the territory from midnight tonight after authorities there announced on Tuesday that it is including 15 more countries to a “high-risk” list, Malaysiakini reported today.

KUALA LUMPUR (Aug 19): Malaysia’s daily Covid-19 cases climbed to a new record high of 22,948 today — the second consecutive day it has topped the 22,000 mark — from 22,242 yesterday, even as the country boasts of one of the fastest vaccination rates in the world.