Selangor Dredging’s RM71m land disposal in Damansara Heights falls through
KUALA LUMPUR (Oct 18): Selangor Dredging Bhd’s proposed disposal of 16 pieces of freehold land in Damansara Heights for RM71 million has fallen through.
Sunway establishes private trust for student housing in UK
KUALA LUMPUR (Oct 17): Sunway Bhd is establishing a private trust in Singapore with an initial £38 million (about RM202 million) of assets under management (AUM) that focuses on purpose-built student accommodation in the UK.
Isa Samad trial: Witness says FIC rejected hotel buy twice but Najib wanted firm to reconsider
KUALA LUMPUR (Oct 16): The High Court here was told that former prime minister Datuk Seri Najib Razak asked Felda Investment Corp Sdn Bhd (FIC) to reconsider the purchase of the Merdeka Palace Hotel & Suites in Kuching, Sarawak, after FIC rejected the proposal twice, because the asset was overpriced.
Lower threshold for foreigners: It will solve liquidity problem faced by developers, says LBS Bina's Lim
KUALA LUMPUR (Oct 16): The lower property threshold for foreign ownership will help “solve the liquidity problem faced by developers”, LBS Bina managing director Tan Sri Lim Hock San (pictured) told China Press in an interview.
Opposition lauds PH lawmaker for urging Putrajaya to revive MRT3
KUALA LUMPUR (Oct 15): Opposition lawmakers today lauded government backbencher Nik Nazmi Nik Ahmad for urging the government to revive the Mass Rapid Transit Line 3 (MRT3).
Hardly anything in Budget 2020 for property sector: Rehda president
KUALA LUMPUR (Oct 15): Real Estate and Housing Developers’ Association (Rehda) president Datuk Soam Heng Choon is of the view that there is not much in Budget 2020 for the property sector, as many of the measures listed are already in place.
Apex court to decide tomorrow if Sri Ram, govt can appeal against leave to challenge 1MDB-Tanore lead prosecutor appointment
KUALA LUMPUR (Oct 14): The Federal Court in Putrajaya is expected to decide tomorrow whether appointed senior Deputy Public Prosecutor (DPP) Datuk Seri Gopal Sri Ram (pictured), the Attorney General's Chambers (AGC) and the government can appeal against the appellate court's decision that granted leave to Datuk Seri Najib Razak and lawyer Tan Sri Muhammad Shafee Abdullah to challenge the appointment of Sri Ram as a prosecutor in the case.
1MDB forfeiture suit: Photos of items seized to be shown to Najib, Rosmah for identification
KUALA LUMPUR (Oct 14): Coloured photographs of the items seized in the 1Malaysia Development Bhd (1MDB) civil forfeiture suit against former prime minister Datuk Seri Najib Razak and his wife Datin Seri Rosmah Mansor will be shown to them to be identified.
PDC to 'step up' monitoring of affordable housing projects: Jagdeep
GEORGE TOWN (Oct 14): The Penang Development Corp (PDC) will “step up” its monitoring of the state’s affordable housing projects “to ensure they are in tip-top condition”, said state local government committee chairman Jagdeep Singh Deo.
Ku Nan ordered to enter defence in graft trial
KUALA LUMPUR (Oct 14): Former Federal Territories Minister Datuk Seri Tengku Adnan Tengku Mansor has today been ordered by the High Court here to enter his defence for his graft trial.
