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KUALA LUMPUR (May 18): The Securities Commission Malaysia (SC) yesterday announced the “regulatory framework” for property crowdfunding and many are seeing this move as a significant development.

Mr and Mrs B who were shopping for a 2-storey house in Kuala Lumpur narrowed their choices down to two units located just next to each other in an established housing estate.

KUALA LUMPUR (May 17): EcoFirst Consolidated Bhd announced today that it has called off plans to acquire a 70% stake in private property development firm Geo Valley Sdn Bhd for RM44 million cash.

KUALA LUMPUR (May 17): Standard Chartered Malaysia has lowered the interest rates for loans by 25 basis points with effect from May 14, following the cut in overnight policy rate (OPR) to 3% from 3.

KUALA LUMPUR (May 17): The prosecution in former premier Datuk Seri Najib Razak's SRC International Sdn Bhd trial says it will be calling in 40 more witnesses to testify in the upcoming days of the proceedings.

  KUALA LUMPUR (May 17): Finance Minister Lim Guan Eng sees Malaysia's first quarter 2019 (1Q19) gross domestic product (GDP) on-year growth of 4.

  PETALING JAYA (May 17): In light of the ongoing back-and-forth between Federal Territories Minister Khalid Abdul Samad and Segambut MP Hannah Yeoh over the proposed development in Taman Rimba Kiara, The Star reports that Hannah has said it is not personal and that she said she is just doing her duty and speaking up for her people.

KUALA LUMPUR (May 17): Property crowdfunding will offer an alternative to homebuyers, said Finance Minister Lim Guan Eng.

KUALA LUMPUR (May 17): Securities Commission (SC) Malaysia has today released its new property crowdfunding framework and welcomed interested parties to submit their applications to operate property crowdfunding platforms.

KUALA LUMPUR (May 17): Tabung Harapan Malaysia’s (THM) entire funds amounting to RM203.