The equity participation by Low Gay Teck, who has held the position of managing director for the last 15 years, will ensure his continued services to the group in the foreseeable future, L&G said in a bourse filing.
ABM said it first introduced in 2013 the standardised template for description of key terms and conditions in respect of housing loan or home financing agreements for individuals involving a principal sum of RM500,000 and below.
A quarter of household borrowers had DSRs exceeding 60%, and they accounted for 33.
According to AIBIM, financial institutions are required to stop imposing fees on housing loan and home financing documents to lawyers from Feb 1 this year as part of the standardisation exercise.
"If we are not transparent about this, then we may not be able to access the best medication to resolve it.
As for the retail component, it will have about 70,000 sq ft of net lettable area over two levels, while the two levels of suite units will have about 20,000 sq ft of net lettable area.
"This partnership will enhance awareness and knowledge of affordable housing, which is crucial at times like this.
If they have failed miserably in their gatekeeping role, how can they now be entrusted to revive sick and abandoned projects? KUALA LUMPUR (March 19): When the new Minister of Local Government Development Nga Kor Ming took office, he vowed to “scrutinise every sick and abandoned housing project”.
The contract to build 300 units of double-storey houses at the Eco Grandeur township was awarded by Paragon Pinnacle Sdn Bhd, a unit of Eco World Development Bhd.
Thursday's decision to maintain the OPR at 2.
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