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KUALA LUMPUR (Sept 26): Cahya Mata Sarawak Bhd (CMSB) has appointed Tan Sri Abdul Rashid Abdul Manaf as its independent and non-executive group chairman effective Oct 1.

Issues of housing supply, affordability, and home ownership have been in focus of late.

KUALA LUMPUR (Sept 26): George Kent (Malaysia) Bhd's net profit dipped slightly by 3.

KUALA LUMPUR (Sept 26): It looks like the local property market is still not out of the woods, just yet.

KUALA LUMPUR (Sept 26): Crest Builder Holdings Bhd has entered into a memorandum of understanding (MoU) with T7 Global Bhd to collaborate to prepare a detailed technical proposal for the construction and subsequent execution of works for the proposed mixed development, Latitud8 at Jalan Ampang, according to a filing with Bursa.

PETALING JAYA (September 26): A stalled flood mitigation project located along Jalan Bangsar is causing trouble for business owners in the area.

KUALA LUMPUR (Sept 26): Joint management body (JMB) treasurer of Mutiara Fadason low-cost flats in Kepong, Song Kok Ann, 46, was punched in the face by a resident who was angry about the move not to use Kuala Lumpur City Hall’s (DBKL) contractor to fix broken down lifts, The Star daily reported today.

KUALA LUMPUR (September 26): A mediating body to handle complaints by residents of high-rise buildings is set to be launched by Oct 1.

SINGAPORE (Sept 26): On July 5, the government has acted to cool the red hot residential property market by introducing a fresh round of cooling measures, which included higher Additional Buyer’s Stamp Duty (ABSD) rates and tighter Loan-to-Value (LTV) limits.

PETALING JAYA (September 26): Clare Rewcastle-Brown, editor of Sarawak Report asks the authors of Billion Dollar Whale to reveal their source, for information contained in the book on the 1Malaysia Development Bhd financial scandal.