M101 Group emerges as substantial shareholder in Meda Inc
KUALA LUMPUR (June 13): The founder and chief executive officer of M101 Group of Companies Datuk Seth Yap Ting Hau has emerged as a major shareholder with 25.
Teresa Kok: Federal Territories Ministry should be abolished
PETALING JAYA (June 13): The Federal Territories Ministry – which governs Kuala Lumpur, Putrajaya and Labuan – should be abolished, said Seputeh MP Teresa Kok who is reportedly the frontrunner to head the portfolio.
Delay eviction please, says Jamal
KUALA LUMPUR (June 13): “Give me time to find new location,” said Red Shirts leader Datuk Seri Jamal Md Yunos (pictured) in response to an eviction order on Restoran Gabungan NGO 1 Malaysia (RGN1M) in Jalan Pahang, Kuala Lumpur.
Owns only one, not 64 plots, says YWP
KUALA LUMPUR, June 13 — Yayasan Wilayah Persekutuan (YWP) said it owns only one plot of Kuala Lumpur City Hall (DBKL) land and not all the 64 lots, as claimed by Kepong Member of Parliament Lim Lip Eng.
House foreign workers in hostels, not public housing
Petaling Jaya (June 13): Penang has called on the new Housing and Local Government Minister Zuraida Kamaruddin to build hostels for foreign workers in areas where they are employed in large numbers, such as production-driven maufacturing sites.
Teresa Kok dismisses report over FT ministership
PETALING JAYA (June 13): Seputeh MP Teresa Kok has refuted a report that she will be sworn in as Federal Territories Minister.
TTDI vs DBKL: new court date fixed in Sept
PETALING JAYA (June 13): The next hearing for the judicial review of the development at Taman Rimba Kiara (TRK) has been fixed at Sept 26 and 27 at the Kuala Lumpur High Court.
BPS’s ownership reorganisation plan to continue, acquisition in 2012 done via tender
PETALING JAYA (June 13): The shareholders and management of Battersea Power Station (BPS) will continue the reorganisation of ownership for BPS phase 2 as it will bring long-term investment yield to all stakeholders, said BPS developers Sime Darby Property Bhd and S P Setia Group Bhd in a joint statement today.
'Private land leasing for housing' idea first mooted by Iskandar Investment
PETALING JAYA (June 13): Iskandar Investment Bhd (IIB), a strategic developer of Medini in Johor, had brought up the idea of a scheme to allow private companies to lease out freehold land for housing development, back in 2012, reported SunBiz.
‘Uncertainty over Felda board puts KLVC probe on hold’
KUALA LUMPUR: Investigations into the Kuala Lumpur Vertical City (KLVC) development are being held up by uncertainties about project owner Federal Land Development Authority’s (Felda) board of directors, according to sources, following the change in government after the May 9 national polls.
