Seacera served winding up notice for RM15.53m
KUALA LUMPUR (July 5): Seacera Group Bhd has been served with a winding up statutory notice for RM15.
Xavier: Sea sand export ban meant to satisfy local demand
KUALA LUMPUR (July 5): Water, Land and Natural Resources Minister Dr Xavier Jayakumar said Malaysia imposed the sea sand export ban after Pakatan Harapan took over the government last May to ensure the country has enough of the commodity to satisfy domestic demand.
Property Management: Ask the experts — Management corporations
Q: Management Corporation or Joint Management Body to set up a company to manage finances? Who is ultimately responsible for the funds? Under the Strata Management Act 2013 (SMA), the Management Corporation’s (MC) and the Joint Management Body’s (JMB) ultimate function is to properly maintain and manage the subdivided building or land, and the common property.
Law may give mayor power, but he wouldn't dare go against Minister, court told
KUALA LUMPUR (July 4): The city’s mayor may be empowered by law to decide on Kuala Lumpur City Hall (DBKL) land sale matters, but it doesn’t mean he would dare to go against the Federal Territories Minister’s “suggestion” on such matters, the High Court heard yesterday.
Goldman Sachs ex-officer Tim Leissner banned for life by HK regulator on 1MDB crimes
KUALA LUMPUR (July 3): The Securities and Futures Commission (SFC) of Hong Kong said today that it has banned Tim Leissner, a former responsible officer of Goldman Sachs (Asia) L.
MPSJ seals 14 premises with illegal extensions
SERI KEMBANGAN (July 3): The Subang Jaya Municipal Council (MPSJ) has sealed as many as 14 premises in Taman Serdang Jaya, Seri Kembangan, for unapproved structural extensions.
No payment was made to Umno despite having received RM2m 'political donation'
KUALA LUMPUR (July 3): No payment was made by Tadmansori Holdings Sdn Bhd (THSB) after receiving an RM2 million “political donation” from a property developer to UMNO, the High Court was told.
'Ku Nan sought up to RM6m for by-election, got RM2m'
KUALA LUMPUR (July 3): The first graft trial of former federal territories minister Datuk Seri Tengku Adnan Tengku Mansor started yesterday with the prosecution promising to adduce evidence showing he had sought up to RM6 million from a property developer for by-election funds.
Vertice to raise up to RM19.4m via private placement
KUALA LUMPUR (July 2): Vertice Bhd has proposed to place out new shares — up to 10% of its enlarged issued share capital — to independent third party investor(s) to be identified later, to raise as much as RM19.
