AISB acquires land near MRT station for RM31m
KUALA LUMPUR (Nov 15): Amalgamated Industrial Steel Bhd (AISB) is acquiring five parcels of land near the under-construction Damansara Damai MRT station in Sungai Buloh for RM31 million.
Mohd Khairudin Abdul Halim leads JPPH, BOVAEP
PETALING JAYA (Oct 30): Mohd Khairudin Abdul Halim has been appointed the director general of valuation and property services of the Department of Valuation and Property Services (JPPH) and the president of the Board of Valuers, Appraisers, Estate Agents and Property Managers (BOVAEP).
Only one-third of unlicensed property managers registered with BOVAEP
PETALING JAYA: Almost a year after the end of a window period for those involved in property management to register themselves with the Board of Valuers, Appraisers, Estate Agents and Property Managers (BOVAEP), only one-third of the unregistered property managers have registered.
SSM sues ex-SRC directors for failure to submit unit's FY17 statement
KUALA LUMPUR (Sept 20): The Companies Commission of Malaysia (SSM) has initiated legal proceedings against former SRC International Sdn Bhd directors Nik Faisal Ariff Kamil and Datuk Suboh Md Yasin (pictured) for failing to submit the FY17 financial statement of SRC unit Gandingan Mentari Sdn Bhd.
Kevin Morais not involved in SRC probe, court told
KUALA LUMPUR (Aug 27): The late deputy public prosecutor (DPP) Datuk Anthony Kevin Morais was not involved in investigations into the embezzlement of funds from former 1Malaysia Development Bhd (1MDB) subsidiary SRC International Sdn Bhd, the High Court was told today.
Efforts to track Jho Low, Nik Faisal yield no result since Interpol issued Red Notice in June 2018, High Court told
KUALA LUMPUR (Aug 13): Since the Interpol issued its Red Notice to arrest fugitives Low Taek Jho and Nik Faisal Ariff Kamil on June 11 last year, efforts to track down the duo has yielded no result, the High Court was told today.
None of SRC's money went to Nik Faisal's account, argues prosecution
KUALA LUMPUR (July 8): The prosecution has argued that none of the money that were transferred from SRC International Sdn Bhd's bank account went into former managing director Nik Faisal Nik Ariff Kamil's bank account, despite the defence's assertions that witness Datuk Suboh Md Yassin's signatures on the bank transfer documents were forged by Nik Faisal.
Manhattan penthouse bought with stolen 1MDB fund up in the market
KUALA LUMPUR (June 26): A penthouse in Manhattan’s Walker Tower, USA, allegedly purchased with money funnelled from 1Malaysia Development Bhd (1MDB), will be put up for sale.
SRC's board had to comply with PM or go home — Ismee
KUALA LUMPUR (June 18): The board members of SRC International Sdn Bhd would not have been able to remain in their positions if they had refused to follow the instructions of Datuk Seri Najib Razak, said its former chairman Tan Sri Ismee Ismail.
Two alleged 1MDB co-conspirators sent to jail in Abu Dhabi
KUALA LUMPUR (June 17): Two men linked to the 1Malaysia Development Bhd (1MDB) kleptocracy scandal have been convicted of financial crimes and sentenced to jail in Abu Dhabi, The Wall Street Journal reported yesterday, citing a statement from the emirate’s criminal court.
