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Malaysia’s economy may expand 4%-5% this year, according to government forecast, following a weaker-than-expected 3.

The restraining order, which will last for a period of three months from April 19, 2024, is to enable Ivory Gleneary Sdn Bhd (IGSB), a wholly-owned subsidiary of Ivory Properties, and its creditors to formalise the proposed scheme of arrangement and thus allow for the extension of time to submit the company's regularisation plan in order to get out of the PN17 status.

One of the key projects announced in Langkawi in recent years, the integrated Widad Langkasuka project comprises a golf and country club, villas, luxury condominiums and serviced apartments, as well as a shopping complex.

A Bloomberg poll showed that all 24 economists it surveyed are expecting BNM to keep the OPR unchanged at 3% following March's milder-than-expected inflation data — up 1.

Justice Ismail Brahim also ordered for a Joint Management Committee (JMC) to be set up with the owners of the condo “whereby two owners are nominated by the Protem Committee to be members of the JMC to manage all the affairs of the buildings, including the common property, the service fees fund and the sinking fund accounts”.

Having evolved from concentrating on the sub-sale market with “a small team” in 1996, Hartamas now offers “a full range of real estate services, including property management, valuation, academy services, workspace interior design, and architecture”.

The solar farms for KIGIP will be owned and operated by SDP, as renewable energy has been identified as a key strategic pillar and revenue source for the group.

"IDTSB is currently negotiating a settlement plan with EPF to resolve the amount claimed under the writ," it said.

In addition to the RM110 million disposal consideration, Exsim Persiaran Jalil is to also assume RM10.

Bank Negara Malaysia resisted pressures to raise the overnight policy rate last November, and “we expect the same this week”, HSBC said.