TA Securities upgrades property sector to overweight

KUALA LUMPUR (Oct 16): TA Securities Research has upgraded the property sector to "Overweight" (from Neutral) and said since August 2019, developers' share prices were heavily bashed down amid concerns on rising property overhang and slow property demand due to financing issues.

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Auditor in bid to stop 1MDB probe decision from going public

KUALA LUMPUR (Oct 16): An auditor has obtained an injunction preventing the Disciplinary Committee (DC) of the Malaysian Institute of Accountants (MIA) from making public any adverse decision concerning a 1Malaysia Development Bhd (1MDB)-related investigation against him.

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DONE DEAL: Unit at Nadi Bangsar Service Residences, Kuala Lumpur

Rented for: RM5,200 per month Concluded by: Caren Wong (REN 22846) from Rgroup 6 Sdn Bhd (016-282 3223) When: July 2019 Noteworthy: ● Freehold ● 2-bedroom and 2-bathroom ● Built-up: 1,076 sq ft ● Fully furnished ● High-floor with fantastic view of Bangsar Read also DONE DEAL: Serviced apartment, D'Esplanade Residence, Taman Abad, Johor Bahru DONE DEAL: Semi-detached house, Taman Megah, Petaling Jaya Developed by Hap Seng Land on one of the last few parcels of land in Bangsar, Kuala Lumpur, Nadi Bangsar Service Residences offers unobstructed Bangsar and Kuala Lumpur city skyline views.

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MoF: SST scope widening a possibility

KUALA LUMPUR (Oct 15): The sales and services tax (SST) coverage could be widened on the condition that it does not end up raising the cost of living and becoming a burden to Malaysians, according to the Ministry of Finance.

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