Q: What is the function of a sinking fund? Is there any guideline on how much a home owner should be charged? The Strata Management Act 2013 requires every parcel owner to contribute to the sinking fund every month.
MOSCOW (May 31): S P Setia Bhd has bagged its 11th Gold of the FIABCI World Prix D’Excellence Awards 2019, held in Moscow, Russia on Thursday evening.
KUALA LUMPUR (May 30): Johor state executive councillor for Health, Culture and Heritage Mohd Khuzzan Abu Bakar has denied a report that he obtained a Country Garden Danga Bay condominium unit from a local businessman, reported the Malay Mail.
KUALA LUMPUR (May 30): The inclusion of Malaysia in the US Department of Treasury’s watchlist actually highlights the strength of the nation’s economy, as the list includes other major trading economies as well, said Finance Minister Lim Guan Eng “While the US Treasury has included Malaysia into its expanded Monitoring List of Potential Currency Manipulator, the report does not name Malaysia as a currency manipulator.
KUALA LUMPUR (May 30): Attorney General Tommy Thomas said today the UK High Court emphasised that it remains ready to proceed with 1Malaysia Development Bhd (1MDB) and Minister of Finance Inc's (MOF Inc) challenge against the consent award to International Petroleum Investment Co (IPIC) after having regard to the circumstances.
KUALA LUMPUR (May 30): IJM Corp Bhd shares rose 4.
KUALA LUMPUR (May 30): IJM Corp Bhd closed its financial year 2019 with a 13 times jump in quarterly earnings on significantly stronger contributions in almost all divisions — in particular infrastructure — except investments and others.
KUALA LUMPUR (May 30): Retirement Fund Inc's (KWAP) investment panel, the body that has the final say on whether to approve a loan to a third party using the fund's money or not, was not "compelled" to act in accordance to the government's intent to lend money to SRC International Sdn Bhd, the High Court was told yesterday.
KUALA LUMPUR (May 30): ARB Bhd, formerly known as Aturmaju Resources Bhd, has bagged a contract worth RM18 million to provide the Internet of Things (IoT) system and engineering, procurement, commissioning and management services (IoT SEPTCM) for a proposed residential development in Perak.
KUALA LUMPUR (May 30): JAKS Resources Bhd has filed its defence to a claim by Star Media Group Bhd that the former, as corporate guarantor to its 51.
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