Latest apex court decision on Ang Ming Lee case fair and balanced, provides clarity — lawyers
Senior lawyer Leonard Yeoh said that the decision ensures that nobody takes advantage of the law to the detriment of another.
Senior lawyer Leonard Yeoh said that the decision ensures that nobody takes advantage of the law to the detriment of another.
What now for homebuyers? Homebuyers can be rest assured that their right to claim for damages for late delivery of vacant possession remains unchanged.
REHDA Malaysia president Datuk Ho Hon Sang: “We would also like to reiterate that we are not in favour of unnecessary extension of time unless for very valid reasons, developers must honour the terms in the contracted sales to deliver within the time allowed by the law.
Federal Court judge Datuk Seri Hasnah Mohammed Hashim said said homebuyers cannot rely on the Ang Ming Lee decision as a "carte blanche" in order to make financial gain against developers who had obtained EOT prior to that landmark decision.
In a trading stocks note on Friday, the research house said the counter is seen moving sideways below the 64 sen resistance.
Its property operating expenses stood at RM11.
It also saw net profit for the quarter increase 2.
The latest contract is Ahmad Zaki's second win from the public works department in 2024.
In a note on Thursday, the research house said this negative variance was primarily due to higher-than-anticipated project operating costs and tax expenses.
For the full year, Gadang returned to the black with a net profit of RM4.