‘Forced to enter into one-sided deal’

  KUALA LUMPUR (April 10): Ahead of the tabling of the White Paper on the Federal Land Development Authority (Felda) in the Dewan Rakyat today, the agency lodged a police report, claiming it was cheated into signing a one-sided deal in its purchase of PT Eagle High Plantations Tbk (EHP) from Indonesia’s Rajawali Group.

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Felda was cheated in Eagle High purchase, says director general

  KUALA LUMPUR (April 9): Federal Land Development Authority (Felda) director general Datuk Dr Othman Omar had yesterday evening lodged a police report at the police commercial crime unit here, claiming that it was cheated into entering into a "one-sided" deal for the sale and purchase of Eagle High Plantations TBK (EHP), owned by the Rajawali Group, two years ago.

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Pavilion REIT to relook Bukit Jalil mall ownership

  KUALA LUMPUR (April 8): Pavilion Real Estate Investment Trust (REIT) has opted not to participate in the ownership of the under-construction Pavilion Bukit Jalil mall to avoid unwanted risks, but believes the asset will be worth reconsidering upon its completion, said its manager.

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New Petaling Jaya mayor sworn in

  PETALING JAYA (April 5): Datuk Mohd Sayuthi Bakar was sworn in yesterday as the new Petaling Jaya mayor, and has said that his top priority will be to keep every part of the city clean, including housing and commercial centres.

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