News about b

KUALA LUMPUR (Feb 6): Asian property tycoons are grabbing the limelight in Canada as their legal tussles are aired in the media.

KUALA LUMPUR (Feb 6): Taman Tun Dr Ismail Residents’ Association (TTDI RA) has today called on the KL mayor and Yayasan Wilayah Persekutuan not to appeal over the Jan 27 Court of Appeal decision on the status of Taman Rimba Kiara (pictured).

KUALA LUMPUR (Feb 6): The National Security Council (NSC) has decided to “lift” the "20 people per home" limit rule for the Chinese New Year celebrations, which include reunion dinners, Malaysiakini reported on new standard operating procedures (SOPs) released yesterday.

KUALA LUMPUR (Feb 5): Were the two top executives of the Abu Dhabi wealth fund implicated in the 1MDB scandal convicted and jailed two days ago in the United Arab Emirates? According a Feb 3 news report by the Khaleej Times, the Abu Dhabi Criminal Court had sentenced a former senior management executive of a government-owned company and its chief executive officer (CEO) to 15 years in prison for money laundering.

KUALA LUMPUR (Feb 5): The implementation of the IAS 23 borrowing cost accounting standard in Sime Darby Property Bhd's financial year ending Dec 31, 2021 (FY21) is likely to cut its earnings for FY21 to FY22 by 10% to 14%, according to CGS-CIMB Research.

KUALA LUMPUR (Feb 5): Uncertainties stemming from Covid-19, the Littoral Combat Ship (LCS) project, leadership changes at Lembaga Tabung Angkatan Tentera (LTAT) and clarity of Boustead Holdings Bhd’s (BHB) rejuvenation plan led to the armed forces fund aborting its takeover plan of Boustead after eight months of consideration.

KUALA LUMPUR (Feb 5): The overall potential negative earnings impact of rising steel prices may further weigh on the earnings recovery of contractors as contract awards slow, according to CGS-CIMB Research.

The Clover Homes @ Laman Semanggi, Semenyih, Selangor Reserve price: RM313,500 Property type: Double-storey terraced house Tenure: Leasehold Land area (sq ft): 1,765 Built-up (sq ft): 1,170 Bedroom/bathroom: 4/3 Click here to see more details Read also Foreclosure properties: It’s a buyer’s market Evolve from physical to virtual A step-by-step guide to buying auction properties Lexis Suite, Bayan Lepas, Penang Reserve price: RM552,000 Property type: Condominium with sea view Tenure: Freehold Built-up (sq ft): 968 Bedroom/bathroom: NA Click here to see more details Molek Pine 4, Johor Bahru, Johor Reserve price: RM627,000 Property type: Condominium Tenure: Freehold Built-up (sq ft): 1,700 Bedroom/bathroom:  3/3 Click here to see more details Mutiara Homes, Mutiara Damansara, Selangor Reserve price: RM2,952,000 Property type: Double-storey bungalow Tenure: Freehold Land area (sq ft): 5,995 Built-up (sq ft): NA Bedroom/bathroom: NA Click here to see more details Cahaya SPK (Cahaya Heights), Shah Alam, Selangor Reserve price: RM454,000 Property type: Three-storey terraced house Tenure: Leasehold Land area (sq ft): 1,421 Built-up (sq ft): NA Bedroom/bathroom: 5/5 Click here to see more details SouthKey Mosaic, Johor Bahru, Johor Reserve price: RM426,465 Property type: Condominium Tenure: Leasehold Built-up (sq ft): 1,074 Bedroom/bathroom: 2/2 Click here to see more details Vilaris, Batu Uban, Penang Reserve price: RM1,088,000 Property type: Three-storey terraced house Tenure: Freehold Land area (sq ft): 2,088 Built-up (sq ft): 3,736 Bedroom/bathroom: 4/5 Click here to see more details Taman Pelangi Indah, Ulu Tiram, Johor Reserve price: RM431,000 Property type: Double-storey terraced house Tenure: Freehold Land area (sq ft): 1,765 Built-up (sq ft): NA Bedroom/bathroom: NA Click here to see more details Interested in auction properties? Click here for more good deals.

KUALA LUMPUR (Feb 5): Bank Negara Malaysia (BNM) announced today an additional allocation of RM2 billion for the Targeted Relief and Recovery Facility (TRRF) and the establishment of a RM200 million Disaster Relief Facility (DRF) 2021.

KUALA LUMPUR (Feb 4): Former CIMB Bank Group Bhd chairman Datuk Seri Nazir Razak (pictured) said Tan Sri Tommy Thomas’ assertion that the May 13 riots were due to a coup by Tun Abdul Razak in the former Attorney-General (AG)’s book entitled ‘My Story: Justice in the Wilderness’ is “pure conjecture”.