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KUALA LUMPUR (March 20): Parkson Corp Sdn Bhd (Parkson) will shut down two of its department stores this year while “mulling the closure of a third store”, The Edge Malaysia reported this week.

KUALA LUMPUR (March 19): Widad Group Bhd has called off the proposed acquisition of Inovatif Mewah Sdn Bhd for RM122 million from Menang Corp Bhd.

PUTRAJAYA (March 19): Semantan Estates (1952) Sdn Bhd's lawyer Ira Biswas said today Kenari Maluri Sdn Bhd, a company that claims to represent the majority of Semantan Estates shareholders, should not be allowed to be an intervener in Semantan Estates' land dispute with the government because Kenari Maluri has no right to intervene as the company is not a shareholder in Semantan Estates.

KUALA LUMPUR (March 19): The prosecution's case in former deputy prime minister Datuk Seri Ahmad Zahid Hamidi's (pictured) criminal breach of trust (CBT), corruption and money laundering trial came to a close today after 99 witnesses testified in the trial, which began on Nov 18, 2019.

Of late, some purchasers have told us of the “extras” they have received upon delivery of vacant possession.

The first nine months of 2020 saw a total of nine bungalows, five semidees and five condominiums change hands.

Declining prices or not, Damansara Heights in the heart of Kuala Lumpur continues to fly high as a hot and affluent address in the Klang Valley.

In an EdgeProp.

KUALA LUMPUR (March 18): The money that went into UMNO president Datuk Seri Ahmad Zahid Hamidi (pictured)-linked foundation Yayasan Akalbudi was not “a political donation” as a charitable body cannot receive such donations, the High Court heard today.

PUTRAJAYA (March 18): The Court of Appeal today adjourned the hearing of multiple forfeiture appeals by the prosecution from the Malaysian Anti-Corruption Commission (MACC) in relation to 1Malaysia Development Bhd (1MDB) funds earlier than expected, due to an emergency.