SRC drops Shahrol and Ismee as defendants in suit

KUALA LUMPUR (July 30): 1Malaysia Development Bhd’s (1MDB) former subsidiary SRC International Sdn Bhd has dropped its former chairman Tan Sri Ismee Ismail and former director Datuk Shahrol Azral Ibrahim Halmi from the list of defendants in its US$1.

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Limited impact from lockdown

While the ongoing Full Movement Control Order (MCO) which started on June 1, 2021 is expected to negatively impact Kuala Lumpur’s prime residential property market, Knight Frank Malaysia’s executive director of Research & Consultancy Judy Ong believes the impact will not be significant.

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DONE DEAL: Office unit at UOA Business Park, Shah Alam, Selangor

Read also DONE DEAL: Ground floor of a shoplot at Dataran C180, Cheras, Selangor DONE DEAL: Serviced residence at Arcoris Mont'Kiara, Kuala Lumpur Developed by UOA Group, the UOA Business Park comprises nine blocks of Grade A offices (14 to 16 storeys) and a row of retail shops fronting the Federal Highway.

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Glomac Bhd eyeing to launch five projects worth RM282m in 2022

PETALING JAYA (July 28): Glomac Bhd plans to unveil five projects in its existing townships nationwide with an estimated gross development value (GDV) of RM282 million next year, said its group managing director and chief executive officer Datuk Seri Fateh Iskandar Mohamed Mansor (pictured).

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