S P Setia hit with second tax bill in 4 months
KUALA LUMPUR (March 29): Property developer S P Setia Bhd has been hit with a tax bill for the second time in less than four months by the Inland Revenue Board (IRB), albeit at a smaller one of RM32.
Titijaya buys firm that owns Ampang land, plans RM1.5b mixed project
KUALA LUMPUR (March 28): Titijaya Land Bhd is buying shares of a loss-making privately-owned property company that owns a 27,550 sq m piece of land in Ampang here, for RM9.
Stakeholders must collaborate to reduce severe imbalances in the retail, office segments
PETALING JAYA (March 28): The authorities, property developers, owners, and other stakeholders in the real estate sector are urged to come up with specific measures to reduce the severe imbalances in the office and shopping complex segments that threaten the rest of the economy, according to the “Financial Stability and Payment Systems Report 2017” published by Bank Negara Malaysia (BNM) today.
CIDB: Malaysia lags behind in IBS adoption
KUALA LUMPUR (March 28): Malaysia still has some catching up to do in the realm of industrialised building system (IBS) owing to issues such as construction joints, standardisation of components size and economies of scale.
Guan Eng's corruption trial posptoned to April 9
KUALA LUMPUR (March 28): The graft trial of Penang chief minister Lim Guan Eng’s (pictured) was yesterday postponed to April 9.
IOI Properties chairman raises stake as shares hit all-time low
KUALA LUMPUR (March 28): Tan Sri Lee Shin Cheng (pictured), the founder of IOI Group Bhd, has been mopping up shares in the group’s property arm on the open market, even as the stock hit an all-time low on Monday.
PR1MA launches rewards programme offering privileges, discounts to homeowners and registrants
KUALA LUMPUR (March 27): All Perbadanan PR1MA Malaysia (PR1MA) homeowners and registrants are entitled to exclusive privileges and discounts from a wide range of participating merchants through the newly launched PR1MA HAVEN, a rewards and recognition programme.
No 'cables' in distribution, sale of RUMAWIP units, says FT minister
KUALA LUMPUR (March 27): There were no such things as “cables” in the distribution and sale of the Federal Territories Affordable Housing (RUMAWIP) homes, Federal Territories Minister Datuk Seri Tengku Adnan Tengku () Mansor said today.
Purchase price of Guan Eng’s bungalow could possibly be set before August 2013, court told
KUALA LUMPUR (March 27): The purchase price of Penang chief minister Lim Guan Eng’s (pictured) bungalow located on Jalan Pinhorn could had been set with the previous owner Phang Li Koon before August 2013, the Penang High Court heard today during Guan Eng’s corruption trial.
Vivocom active, jumps 7.14% on teaming up with CREC Shanghai
KUALA LUMPUR (Mar 27): Vivocom Intl Holdings Bhd jumped 7.
