IGP expects Felda probe papers to be submitted to AGC by next week

KUALA LUMPUR (Jan 12): The police are expected to submit to the Attorney-General's Chambers their investigation paper on the alleged transfer of Federal Land Development Authority (pictured) (Felda)-owned land along Jalan Semarak by next week, said inspector-general of police Mohamad Fuzi Harun, the news portal Malaysiakini reported today.

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Three Felda board members under probe

KUALA LUMPUR (Jan 11): Three board members of Federal Land Development Authority (Felda) Investment Corp Sdn Bhd (FIC) who were supposed to be in office at the time of the controversial Jalan Semarak land deal are also under probe by the Malaysian Anti-Corruption Commission (MACC) over the purchase of hotels in London and Sarawak, the English daily New Straits Times reported today.

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Property managers will now be regulated under BOVAEP

KUALA LUMPUR (Jan 11): With the amendment to the Valuers, Appraisers, Estate Agents and Property Managers Act 1981 that was passed on Oct 17, 2017 and gazetted Jan 2, 2018, property managers are now required to register themselves with the Board of Valuers, Appraisers, Estate Agents and Property Managers (BOVAEP).

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MCT will not seek alternative takeover offer

KUALA LUMPUR (Jan 11): MCT Bhd, which recently received a takeover offer from its major shareholder Regent Wise Investments Ltd (RWIL) at 88 sen per share, said it will not seek an alternative person to make a takeover offer for the offer shares.

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