News about bank

KUALA LUMPUR (Aug 14): Gabungan AQRS Bhd’s wholly-owned unit, AQRS The Building Company Sdn Bhd (AQRS TBC), has secured a fresh RM115 million Islamic banking facility from Maybank Islamic Bank Bhd to part finance the construction of its E-Island Residence development.

KUALA LUMPUR (August 14): Bank Negara Malaysia (BNM) is expected to roll out a special housing loan scheme tailored for the low-to-middle income group with regard to first-home ownership by next month, according to the ministry of finance (MoF).

KUALA LUMPUR (Aug 11): It is currently the most famous ship in Malaysia, The Equanimity (pictured).

KUALA LUMPUR (Aug 3): Pasdec Holdings Bhd shareholders have been told to reject the takeover bid launched by its substantial shareholder Datuk Seri Tew Kim Thin, which has been deemed "not fair and not reasonable" by independent adviser Public Investment Bank Bhd (PIVB).

KUALA LUMPUR (July 31): State governments should offer their lands for the development of affordable houses, said Housing and Local Government Minister Zuraida Kamaruddin in parliament today.

KUALA LUMPUR (July 27): Tan Sri Megat Zaharuddin Megat Mohd Nor (pictured), former chairman of the country's biggest bank, Malayan Banking Bhd (Maybank), has been named as the chairman of Federal Land Development Authority (Felda), which is believed to be valid for the next two years.

KUALA LUMPUR (July 25): Malaysia has to strengthen the legal framework of the local rental market to nurture renting as a viable alternative to homeownership, said Messrs Amir Toh Francis & Partners advocate and solicitor Ivan Chan.

KUALA LUMPUR (July 25): The Ministry of Housing and Local Government (KPKT) has identified six agencies that will be involved in the establishment of a single entity to oversee and coordinate affordable housing development in the country, said the ministry’s national housing department director-general Jayaselan Navaratnam.

KUALA LUMPUR (July 21): State governments have been urged to support the construction of affordable homes by providing the sites to build the properties, said Housing and Local Government Minister Zuraida Kamaruddin.

KUALA LUMPUR (July 20): Fajarbaru Builder Group Bhd aims to see, over the long term, equal contribution to the group’s revenue from three of its core businesses — construction, timber and property development.