OPR cut not a preset course, says BNM
KUALA LUMPUR (Nov 15): Bank Negara Malaysia (BNM) said the reduction of the statutory reserve requirement (SRR) ratio, from 3.
Prosecution, Arul Kanda object to Najib's bid to postpone 1MDB audit tampering trial
KUALA LUMPUR (Nov 15): The prosecution, and former 1Malaysia Development Bhd (1MDB) chief executive officer and president Arul Kanda Kandasamy, who is also the a co-accused in the audit tampering case, today objected to Datuk Seri Najib Abdul Razak's application to postpone the trial, which is scheduled to begin on Monday (Nov 18).
WCE says RM481m cash call oversubscribed
KUALA LUMPUR (Nov 15): WCE Holdings Bhd, the concessionaire of West Coast Expressway, announced yesterday that its rights issue of redeemable convertible preference shares (RCPS) with free warrants, to raise up to RM481.
'Hasten review of Strata Management Act 2013'
PETALING JAYA (Nov 14): The fast growing strata-titled property development trend in the country has highlighted the urgent need to effectively deal with issues and challenges arising from the evolution of strata-titled property ownership, strata-living as well as its upkeep and maintenance.
KPKT: More time, more study needed before SMA amendment
PETALING JAYA (Nov 14): There are a number of proposed amendments to the Strata Management Act 2013 (SMA) but “each proposed amendment needs more clarification and detailed study before they can be considered by the government”, said the Housing and Local Government Ministry (KPKT).
Urban luxe living redefined
Distinctively built to complement its picturesque surroundings, Park Regent is a carefully crafted luxury condominium project situated on the precious parcel next to the Central Park and Central Lake of the international award-winning township of Desa ParkCity in Kuala Lumpur.
TEMU to take City of Elmina to new heights
The City of Elmina has been hogging the property limelight in recent years, and for good reason.
90% of new strata property still under JMB due to delay in strata title issuance
PETALING JAYA (Nov 14): It is estimated that 90% of new strata property in the country are still being managed by Joint Management Bodies (JMB) with only 10% having formed Management Corporations (MC) due to the delay in the issuance of strata titles.
Najib's lawyers file application to defer 1MDB audit tampering trial
KUALA LUMPUR (Nov 14): Lawyers for Datuk Seri Najib Razak had yesterday filed a formal written application to the High Court to defer the 1Malaysia Development Bhd (1MDB) audit tampering trial, which will begin next Monday (Nov 18), so they could prepare the former premier's defence for the SRC International Sdn Bhd trial, which will start on Dec 3.
GDB appointed as main contractor for piling, substructure works worth RM20.67m
KUALA LUMPUR (Nov 14): Construction company GDB Holdings Bhd has bagged a RM20.
