FundMyHome is 'no free lunch'

PETALING JAYA (Nov 18): EdgeProp Sdn Bhd chairman Datuk Tong Kooi Ong emphasised that FundMyHome is an alternative scheme that enables homeownership among first time homebuyers in Malaysia and not about giving the group a "free lunch" on the government's dime.

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FundMyHome 'bold and innovative idea', says news portal

KUALA LUMPUR (Nov 17): The news portal Digital News Asia (DNA) has described the FundMyHome platform as a "bold and innovative idea" that could hopefully spark "other established entrepreneurs to think out of the box and come up with their own innovative, boundary pushing ideas on solving market issues".

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Kepong MP: Tengku Adnan misused his power

KUALA LUMPUR (Nov 17): Kepong MP Lim Lip Eng says he will lodge a report at the Malaysian Anti-Corruption Commission (MACC) against former federal territories minister Tengku Adnan Tengku Mansor, for abuse of power related to 23 development projects last year.

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Mammoth Empire sells multiple assets

  Mammoth Empire Holding Sdn Bhd (MEH), developer of Empire City Damansara, an RM5 billion project launched 2011, is making moves that will raise rM800 million, enable the paring down of debts, complete long-delayed projects and take the group to sound financial-footing by the middle of 2019.

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