Ivory Properties’ unit under receivership after default
The receivership happened because Ivory Indah failed to pay its debts by Aug 12, breaking the terms of its loan agreements with CIMB Islamic.
Jesselton Courtyard redefines upscale landed living in the heart of Penang
George Town has long been a coveted address.
Ivory Properties CEO Low Eng Hock resigns amid MBI probe; delisting looms
Further compounding Ivory’s challenges, the company also announced on Aug 21 that Bursa Securities had rejected its application for an additional extension of time to submit its regularisation plan.
PAC: Outdated land formula costs govt RM136.8m in Kampung Bohol deal, needs review
The Public Accounts Committee said there is a conflict between the 2020 development plan, which designates the area as a retention pond and recreational park, and the 2040 draft plan, which proposes residential development.
The Straits View Garden: Premium Landed Living in Permas Jaya
The Straits View Garden, developed by BRDB Developments Sdn.
More than 80 residents associations in Klang Valley demand withdrawal of Urban Renewal Act
The coalition consists of 75 residents associations led by KL Residents Action for Sustainable Development and PJ Sejahtera that represents eight residents’ associations in Petaling Jaya and four non-governmental organisations.
I-Bhd partners AgiBot to transform i-City into Malaysia’s first AI, robotics centre
I-Bhd chairman Tan Sri Lim Kim Hong: By joining forces with AgiBot, we are making i-City the epicentre of AI and robotics innovation in Malaysia.
MUI Properties declares eight sen special dividend on Negeri Sembilan land sale
MUI Properties announced plans to pay out dividends from the sale just last week, after it varied the utilisation of proceeds “to reward its shareholders by returning capital to its valued shareholders for their continuous support while continuing to invest in MUI Properties Group’s future”.
Sime Darby Property says Rehda in talks with govt on tax on construction services
The company is still watching and assessing the potential impact on its new projects, group managing director Datuk Seri Azmir Merican said at a post-earnings briefing.
