Abdul Wahid Omar retires as Amanah Harta Tanah PNB chairman
KUALA LUMPUR (July 11): Tan Sri Abdul Wahid Omar (pictured) has retired from his position as chairman of property trust fund Amanah Harta Tanah PNB (AHP).
BNM keeps OPR at 3.25%, says positive growth expected to be sustained
KUALA LUMPUR (July 11): Bank Negara Malaysia (BNM) has maintained the overnight policy rate (OPR) at 3.
KPKT may seek to lift ban on new luxury homes
PETALING JAYA (July 11): The Housing and Local Government Ministry may seek to lift the current freeze on new luxury residential developments, prompted by signs that the economy is improving, said its minister Zuraida Kamaruddin.
HLIB: Property buyers in wait-and-see mode pending new govt policies post-GE14
KUALA LUMPUR (July 9): While Hong Leong Investment Bank Bhd says it can't rule out a mild recovery of interest in the property sector given the trough valuation and domestic growth focus theme with possible introduction of new policies, it said developers' full year sales may still fall short of targets, as sales would likely remain soft after the 14th general election (GE14).
Too early to turn bullish on property segment, says report
KUALA LUMPUR (July 7): News that the Housing and Local Government Ministry is in talks with Bank Negara Malaysia to draw out the guidelines for a more relaxed loan scheme for some homebuyers may raise hopes of better earnings for the property firms.
Speculations over Tony Tiah’s plan for TA Enterprise
KUALA LUMPUR (July 7): Datuk Tony Tiah Thee Kian earlier this week launched a mandatory takeover offer (MGO) for TA Enterprise Bhd at 66 sen per share after acquiring 14.
Relaxing lending rules may not be a good move, says IDEAS
PETALING JAYA (July 5): The proposed mortgage with less stringent lending requirements by banks mooted by the Housing and Local Government Ministry (KPKT) that is aimed at benefiting the M40 and B40 groups may not be a good move, said the Institute for Democracy and Economic Affairs (IDEAS) senior fellow Dr Carmelo Ferlito.
Loan scheme for M40, B40 groups targeted for August rollout
PUTRAJAYA (July 3): The government aims to roll out a loan scheme aimed at the M40 and B40 income group, said Housing and Local Government Minister (KPKT) Zuraida Kamaruddin.
Zeti looking forward to working with PNB, to remain in CEP
KUALA LUMPUR (July 2): Newly appointed Permodalan Nasional Bhd (PNB) chairman Tan Sri Dr Zeti Akhtar Aziz (pictured) says she will continue to serve as a member of the Council of Eminent Persons (CEP).
Wahid Omar taking “short break” to spend time with family
PETALING JAYA (June 30): Former Permodalan Nasional Bhd (PNB) group chairman Tan Sri Abdul Wahid Omar will take a “short break” to spend time with his family after 17 years of working in government-linked companies (GLC).
