News about chang

KUALA LUMPUR (Sept 17): Former 1Malaysia Development Bhd (1MDB) chief executive officer Mohd Hazem Abdul Rahman (pictured) was offered almost triple his salary in his previous company to join 1MDB, the High Court heard today.

KUALA LUMPUR (Sept 15): Former prime minister Datuk Seri Najib Razak had used part of the US$3 billion raised by 1Malaysia Development Bhd (1MDB) — initially intended for the development of the Tun Razak Exchange (TRX) — to acquire land in Ayer Itam, Penang as part of Umno’s campaigning leading up to the 2013 General Elections (GE13), the High Court heard today.

KUALA LUMPUR (Aug 22): Boustead Holdings Bhd has plans to divest more than RM1 billion worth of properties, reported The Edge Malaysia this week.

PETALING JAYA (Aug 21): Boustead Holdings Bhd has put up one of its properties in Kuala Lumpur for sale.

PETALING JAYA (Aug 13): The National House Buyers Association (HBA) reminded landlords to be wary of the activities that will be carried out in their premises before renting out their units, reported The Star.

KUALA LUMPUR (Aug 5): Former prime minister Datuk Seri Najib Razak was involved in "bulldozing" 1Malaysia Development Bhd's (1MDB) only unsecured loan of US$3 billion through with a letter of comfort from its shareholder MoF Inc, the High Court was told here today.

Leaders, good or bad, spell the difference between a well-run or badly-run strata property.

KUALA LUMPUR (June 25): Eco World Development Group Bhd’s (EcoWorld's) net profit fell 48% to RM21.

KUALA LUMPUR (June 19): UEM Sunrise Bhd, which swung to a first-quarter net loss largely due to foreign exchange (forex) losses, has warned that its earlier sales and gross development value (GDV) targets of RM2 billion respectively for the current financial year ending Dec 31, 2020 (FY20) are likely to be impacted by the economic uncertainty.

PETALING JAYA (May 21): In light of the Federal Court's decision today to dismiss an application to appeal a Court of Appeal (COA) ruling on flat rate maintenance charge for mixed strata developments, the Malaysia Institute of Property and Facility Managers (MIPFM) president Adzman Shah Mohd Ariffin has advised Joint Management Bodies (JMBs) of such developments that are charging different maintenance rates for different parcels, to comply with the ruling.