Paramount swings to loss in 2Q from pandemic impact
KUALA LUMPUR (Aug 25): Property developer Paramount Corp Bhd slipped into the red in the second quarter ended June 30, 2020 (2QFY20), posting a net loss of RM3.
Straits Time Singapore: 13 out of 20 worksites linked to a Covid-19 resurgence at Sungei Tengah Lodge dormitory to stop work
SINGAPORE (Aug 25): The Building and Construction Authority (BCA) has ordered that work be stopped at 13 out of 20 worksites linked to a Covid-19 resurgence at Sungei Tengah Lodge dormitory, Straits Time Singapore reported today.
The Edge: Imposing a tax on unsold and vacant properties will be a disaster
It was recently reported that a vacancy tax on unsold properties may be imposed on property developers to reduce the overhang.
Plantation and Commodities Minister Khairuddin Aman Razali fined RM1,000 by MoH
KUALA LUMPUR (Aug 22): Plantation Industries and Commodities Minister Datuk Dr Mohd Khairuddin Aman Razali (pictured) has been issued a compound for RM1,000 by the Ministry of Health.
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Report: Boustead Holdings plans to divest more than RM1b worth of properties
KUALA LUMPUR (Aug 22): Boustead Holdings Bhd has plans to divest more than RM1 billion worth of properties, reported The Edge Malaysia this week.
Boustead's KL property up for sale
PETALING JAYA (Aug 21): Boustead Holdings Bhd has put up one of its properties in Kuala Lumpur for sale.
DONE DEAL: Bungalow, Taman Shanghai, Old Klang Road, KL
Sold for: RM4 million (RM417 psf against land size) Concluded by: Neville Peter Massang (REN 24547) (012-201 9216) of I-Prop Realty (USJ) Sdn Bhd When: May 2020 Noteworthy: ● Freehold ● Land size: 9,583 sq ft; Built-up size: 4,094 sq ft ● 6 bedrooms; 5 bathrooms ● Partly furnished with ceiling fans, lightings, curtains, kitchen cabinets and wardrobes.
Turiya gets UMA query over sharp rise in share price, trading volume
KUALA LUMPUR (Aug 19): Bursa Malaysia Securities Bhd has issued an unusual market activity (UMA) query today to Turiya Bhd on the company’s sharp rise in share price and trading volume recently.
