SD Plantation claims palace was used in Merlimau land deal

KUALA LUMPUR (April 30): Sime Darby Plantation Bhd (SDP) has filed a judicial review application to stop the compulsory acquisition of its 75ha land in Merlimau, Melaka, by a Taiwan-controlled company that claimed it was acting in the interest of the former Yang di-Pertuan Agong, Sultan Muhammad V, to compel it to sell the land at a below market value price of RM35.

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MMC confirms termination of PDP role for Pan Borneo Sabah

KUALA LUMPUR (April 29): MMC Corp Bhd announced today that the Borneo Highway PDP Sdn Bhd (BHP) had on April 22 received a notification from the government to terminate the project delivery partner (PDP) agreement for the Sabah portion of the Pan Borneo Highway.

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Elmina Valley Five homes 90% taken-up

PETALING JAYA (April 29): Sime Darby Property’s Elmina Valley Five (EV5), the latest in its Elmina Valley (EV) series (pictured) at Elmina City township, has seen a total take-up of 90% since the launch of EV5's first phase on March 23 weekend and second phase on April 27.

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A better understanding between old friends

BEIJING (April 29): Tun Dr Mahathir Mohamad had to wrap himself up in a long coat with a scarf pulled tight around his neck to keep warm when he arrived last Wednesday night to a rainy and chilly Beijing — with the temperature hitting the low teens in Celcius — despite it being the middle of spring in the Chinese capital city.

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Take action against banks only if they don't lend to first-timers and buyers of affordable homes, says HBA

  PETALING JAYA (April 27): Although the National House Buyers Association supports the move by the Ministry of Finance (MoF) to take action against banks who fail to give out housing loans to those eligible, the consumer body has proposed that action be taken only against banks that fail to lend to first-time homebuyers and those seeking to purchase affordable homes priced below RM300,000.

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