DONE DEAL: Seri Pinang Apartment, Bandar Setia Alam, Shah Alam, Selangor

Sold for: RM290,000 (RM341 psf) Concluded by Raymond Yii (REN 20381) of BT Properties (011-3315 4820) When: March 2017 Noteworthy: ● Freehold ● Low density ● 3-bedroom and 2-bathroom unit ● Built-up: 849 sq ft ● Gated-and-guarded with card system boom-gate ● Two open parking bays According to Raymond Yii of BT Properties Sdn Bhd, who concluded the deal, the seller was an investor who owns several properties in Setia Alam, Selangor.

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MACC makes another arrest over FIC’s Kuching hotel purchase

KUALA LUMPUR (Aug 1): The Malaysian Anti-Corruption Commission (MACC) arrested a former special officer to a former Felda chairman to assist in the probe into the purchase of a hotel in Kuching, Sarawak by Felda Investment Corp (FIC), Bernama reported today The anti-graft body’s chief commissioner Datuk Dzulkifli Ahmad said the man was held at 4am at the MACC’s Putrajaya Office where he had gone to provide a statement, Bernama reported.

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Former FIC CEO remanded another four days over London hotel deal

KUALA LUMPUR (Aug 1): The ex-chief executive officer (CEO) of Felda Investment Corp (FIC) who was detained yesterday to assist the Malaysian Anti-Corruption Commission (MACC) in the investigation into the case of a hotel purchase in London has been remanded for another four days, Bernama reported today.

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