Air fares expected to return to normal by November — transport minister

KUALA LUMPUR (July 21): The Malaysian Aviation Commission (Mavcom) expects airfares on domestic routes to return to 2019 levels by November this year as available seating capacity is projected to return to normal, subject to the development of the Covid-19 pandemic, said Transport Minister Datuk Seri Dr Wee Ka Siong (pictured).

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Zecon gets shareholder nod for rights issue

KUALA LUMPUR (July 21): Zecon Bhd has received approval from its shareholders for its proposed rights issue to address its current funding requirements to meet its short-term obligations and liabilities, as well as strengthen its financial position.

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Should there be a limit to an MC's use of the sinking fund?

PETALING JAYA (July 16): Should there be a limit to a strata management committee's power especially with regards to the usage of the sinking fund? Although existing laws do not impose legal limitations on a committee's powers, Solaris Dutamas Management Corporation (MC) chairman Datuk Nabhesh Khanna said a cap should perhaps be put on the usage of the sinking fund at any one time.

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SMA should define duties of JMB/MC committee members

PETALING JAYA (July 16): The Strata Management Act (SMA) should be reviewed to include the duties and responsibilities of strata building management committee members and chairman, urged Sri Penaga Condominium Management Corporation (MC) past chairman Khaw Chay Tee.

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