Sunway proposes RM1.8 bil mixed development in Kelana Jaya
PETALING JAYA (May 12): Sunway Bhd is proposing a mixed development across 17 acres in Kelana Jaya, with an estimated gross development value (GDV) of RM1.
Tabung Haji may suffer loss despite RM5 million ‘profit’ in TRX land sale
KUALA LUMPUR (May 12): Pilgrims' fund Lembaga Tabung Haji's sale of a piece of land it purchased for RM188.
WCT to focus on current launches, land value enhancement
KUALA LUMPUR (May 11): WCT Holdings Bhd will embark on a strategy to focus on demand oriented property sales and land value enhancement, said WCT deputy managing director Goh Chin Liong (pictured) as reported in The Edge Financial Daily today.
KWAP to buy TRX land at 15% less than Tabung Haji
PETALING JAYA (May 11): Retirement Fund Inc (KWAP) will buy a parcel of land and building as its new headquarters at the Tun Razak Exchange (TRX) project in Kuala Lumpur City Centre, The Star reported today, with the price set for more than 15% lower than what Lembaga Tabung Haji had paid under its deal.
Not first time Tabung Haji ‘bailing out’ troubled companies
KUALA LUMPUR (May 10): Pilgrims' savings fund Lembaga Tabung Haji has been under fire the past few days over a multi-million ringgit land deal with 1Malaysia Development Bhd (1MDB), which critics see as an attempt to bail out the debt-ridden state investment arm.
Get international auditors to do forensic check on 1MDB, says Hishammuddin
KUALA LUMPUR (May 9): 1Malaysia Development Bhd (1MDB) should appoint an international, independent auditing firm to examine its accounts, Datuk Seri Hishammuddin Hussein (pictured) said today, adding that this would help dispel public concerns over the debt-ridden state investment firm.
No conflict of interest in Tabung Haji land deal, says fund chairman
KUALA LUMPUR (May 9): Lembaga Tabung Haji chief executive officer (CEO) Tan Sri Ismee Ismail had stayed out of all negotiations in the funds' purchase of a plot of land from 1Malaysia Development Bhd (1MDB) to avoid conflict of interest, the pilgrims' fund chairman said today as criticism of the deal narrowed in on personalities holding top positions in both funds.
On Najib’s advice, Tabung Haji to sell land bought from 1MDB, says chairman
KUALA LUMPUR (May 9): Under fire in the past few days over a deal with debt-ridden 1Malaysia Development Bhd (1MDB), pilgrims' fund Lembaga Tabung Haji (TH) has decided to sell the land it bought from 1Malaysia Development Bhd (1MDB) for RM188.
Mukhriz joins Umno’s criticism of Tabung Haji-1MDB land deal
KUALA LUMPUR (May 9): Kedah Menteri Besar Datuk Mukhriz Mahathir (pictured) wants the Finance Ministry to explain the cheap price at which it sold land for the Tun Razak Exchange to debt-ridden 1Malaysia Development Bhd (1MDB).
Umno man questions conflict of interest in 1MDB-Tabung Haji deal
PETALING JAYA (May 8): Datuk Saifuddin Abdullah (pictured) today questioned the conflict of interest arising from revelations that a top executive of Lembaga Tabung Haji (TH) also sat on the board of state investment vehicle 1Malaysia Development Bhd (1MDB).
