YNH Property chairman Dr Yu trims stake again
KUALA LUMPUR (Aug 16): YNH Property Bhd’s chairman Datuk Dr Yu Kuan Chon sold another 1.
Najib says no objection to PAC reopening 1MDB probe
KUALA LUMPUR (Aug 15): Former prime minister Datuk Seri Najib Tun Razak said he will not object to the proposed reopening of the 1Malaysia Development Bhd (1MDB) investigation by the Public Accounts Committee (PAC) as "the truth should be known".
Pelaburan Hartanah chief: Real estate is a solid investment
KUALA LUMPUR (Aug 15): Pelaburan Hartanah Bhd (PHB) is confident it will continue to do well despite headwinds in the property market because PHB's real estate portfolio covers all sectors of the real estate market, group managing director cum chief executive officer Datuk Kamalul Arifin Othman said.
Pasdec major shareholder fails in takeover bid due to insufficient acceptance level
KUALA LUMPUR (Aug 15): Major shareholder Datuk Seri Tew Kim Thin has failed in his bid to take over Pasdec Holdings Bhd via his private vehicle Jasa Imani Sdn Bhd.
LB Aluminium diversifies into property development
KUALA LUMPUR (Aug 15): LB Aluminium Bhd is acquiring 20% equity interest in Vistarena Development Sdn Bhd for RM6 million cash, as it seeks to expand into property development.
Johor MB: Umno building occupancy illegal, they should vacate
KOTA ISKANDAR (August 14): Johor Mentri Besar Datuk Osman Sapian said the land of the Jalan Segget Umno building belongs to the Johor Bahru City Council (MBJB).
Equanimity seizure legally valid, Liew tells Parliament
KUALA LUMPUR (Aug 14): The seizure of the controversy-laden yacht Equanimity was in accordance with prescribed laws and therefore legally valid, said Minister in the Prime Minister's Department Datuk Liew Vui Keong.
Pavilion REIT to participate in ownership of Pavilion Bukit Jalil mall
KUALA LUMPUR (Aug 14): Malton Bhd said Pavilion Real Estate Investment Trust (REIT) has agreed to participate in the ownership of its ongoing shopping mall development called Pavilion Bukit Jalil located in Bukit Jalil City here.
SST waiver on construction materials, services alone won't bring down home prices
KUALA LUMPUR (Aug 13): While some building materials will be exempted from the soon-to-be implemented Sales and Services Tax (SST), house prices may not come down due to the increase in other cost components, said Housing and Local Government (KPKT) Deputy Minister Datuk Raja Kamarul Bahrin Shah.
