Riza Aziz RM1.18b money laundering trial tentatively set for January 2020
KUALA LUMPUR (Aug 9): The trial for Riza Shahriz Abdul Aziz (pictured), stepson of Datuk Seri Najib Razak, entailing five charges of money laundering amounting to US$248.
Advance Synergy to buy back resort hotel for RM23m
KUALA LUMPUR (Aug 9): Cherating Holiday Villa Bhd (CHV), an indirect wholly-owned unit of Advance Synergy Bhd, is planning to buy back a resort hotel in Cherating, Kuantan from Amanah Raya Bhd for RM22.
Sunway REIT 4Q NPI up 11%, declares 2.28 sen DPU
KUALA LUMPUR (Aug 9): Boosted by new income contribution from newly acquired Sunway university and college campus, as well as higher retail contribution, Sunway Real Estate Investment Trust (REIT) posted an 11% rise in net property income (NPI) to RM111.
34-year-old Japanese lady spends RM6 a day on food for 16 years; now retired with three homes
KUALA LUMPUR (Aug 9): You may have heard some people exclaiming – Wah, if I buy this house ah, I will need to eat instant noodles every day liao! But it looks like a Japanese woman has taken frugality to extreme (zen maybe?) levels to buy property.
Property Management: Ask the experts — Regular checks and defects
Q: Which are the main parts of a condominium that must undergo regular checks? There are mandated periodic inspections stipulated by various authorities after the first and/or second year of Vacant Possession.
ECM Libra buys three more hotels for RM62m
KUALA LUMPUR (Aug 9): ECM Libra Financial Group Bhd is buying three hotels, together with the land where they are built on, from Tune Hotels Sdn Bhd for RM62.
Berjaya Land redesignates ED Syed Ali to CEO
KUALA LUMPUR (Aug 9): Berjaya Land Bhd (BLand) has redesignated its executive director (ED) Syed Ali Shahul Hameed as the company’s chief executive officer (CEO) effective yesterday.
Lawyer sues Guan Eng and govt over ‘unconstitutional’ departure levy
KUALA LUMPUR (Aug 9): A lawyer has mounted a legal challenge against the Finance Minister Lim Guan Eng and the government over the imposition on a levy for Malaysians wanting to travel overseas, which will take effect next month.
Malton warns of possible failed venture in Taiwan
KUALA LUMPUR (Aug 8): Malton Bhd’s joint venture (JV) unit could be on the brink of losing its qualification to bid for the construction of a superstructure above the airport express train station located near the main train station in Taipei.
