Five emerging trends in property landscape amidst a pandemic
The Covid-19 pandemic has not only changed the way people live globally, but also the property landscape across countries.
Top Builders to resolve financial problems by issuing shares, including a cash call
KUALA LUMPUR (Oct 1): Top Builders Capital Bhd (formerly known as Ikhmas Jaya Group Bhd) has announced a cocktail of proposals, including debt-to-equity settlement and a rights issue, to lift itself out of the financial woes.
Guan Eng: Malaysia's settlement with Goldman Sachs ignores 1MDB's RM50b debt
KUALA LUMPUR (Aug 2): Former finance minister Lim Guan Eng said today that forgoing the Malaysian government's initial US$7.
Loan repayment flexibility application starts next Friday
KUALA LUMPUR (July 29): The loan repayment flexibility will be opened for application from Aug 7, 2020, Bank Negara Malaysia (BNM) (pictured) announced today.
Why PappaRich operator is in hot water
KUALA LUMPUR (July 10): Alleged unpaid debts of RM37.
BNM Annual Report 2019: Household debt continues to expand, but credit risks largely contained
KUALA LUMPUR (April 3): Bank Negara Malaysia (BNM) said today household debt, as measured by the household debt-to-gross domestic product (GDP) ratio, expanded at a faster pace in the second half of 2019, primarily driven by loans for the purchase of residential properties.
Tanco plans to settle RM17m debt to major shareholder with new shares
KUALA LUMPUR (March 6): Tanco Holdings Bhd is settling RM17.
PRG plans to settle RM7m debt to major shareholder with new shares
KUALA LUMPUR (Feb 1): PRG Holdings Bhd is settling RM7 million worth of debt owed to major shareholder and group executive vice chairman Datuk Lua Choon Hann via the issuance of 12.
Nazifuddin Najib's bid to stay IRB's summary judgement application in RM37.6m suit to be decided on March 2
KUALA LUMPUR (Jan 20): High Court judge Datuk Ahmad Zaidi Ibrahim has fixed March 2 to deliver his decision on Datuk Seri Najib Abdul Razak's son Datuk Mohd Nazifuddin Najib's bid for a stay of the Inland Revenue Board's (IRB) application to obtain a summary judgement against him for allegedly not paying taxes to the amount of RM37.
2010-2019: The decade of disruption - Construction sector propelled by debt bingeing
PETALING JAYA (Dec 28): The previous government administration pushed infrastructure development in Malaysia between 2009 and 2018 but also left the country with a mountain of debt, the Edge reported today.
