Magma's 75%-subsidiary sued over alleged breach of agreement
Magma said it is consulting its solicitors and has sent a letter to the plaintiff's solicitor as part of efforts to settle the matter amicably.
Cahya Mata Sarawak 1Q net profit down 10%
But the declines in topline contribution were offset by higher year-on-year revenue across the group’s other segments, led by the road maintenance and property development divisions.
There must be political will to reduce property prices
House prices are still rising, albeit at a slow pace.
How to make sure you get what is promised
Developers must provide purchasers with a full set of detailed approved documents of the property in the sale and purchase agreement.
Chinese corporates view Singapore and Malaysia as top destinations for growth opportunities in Asean, says StanChart
SINGAPORE (May 28): The majority of Chinese companies focusing on Asean expect to see their businesses grow in the region over the next 12 months, according to a survey commissioned by Standard Chartered.
Man jailed for signing tenancy for another party who used the unit for sex service
SINGAPORE (May 10): A man who signed tenancy agreements on behalf of others in exchange for cash was sentenced to four weeks in jail and a fine of S$400 (RM1,239) for one charge of cheating as the unit was later used by a sex worker providing sexual services inside the unit, reported CNA.
Ong Kian Ming's statement on RCEP, CPTPP
KUALA LUMPUR (April 12): The following is a media statement by Dr Ong Kian Ming, reproduced in full.
SDP’s Elmina Business Park’s ready-built factories achieve 70% take-up rate
KUALA LUMPUR (Oct 2): Sime Darby Property’s Twin Factories, the first phase of ready-built factories in Elmina Business Park, have been 70% sold after its launch recently.
HBA: Make it black and white when renting out your property
PETALING JAYA (Aug 13): The National House Buyers Association (HBA) reminded landlords to be wary of the activities that will be carried out in their premises before renting out their units, reported The Star.
Array of deals for homebuyers amid downturn
The current property market downturn in Malaysia has pushed property developers to offer myriad attractive packages, freebies and even financial assistance to lure purchasers.
