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KUALA LUMPUR (Oct 24): The government has announced that its final and best offer to buy Kampung Baru land is RM1,000 psf, with RM150 psf being in the form of shares, say reports today.

KUALA LUMPUR: Economist Muhammed Abdul Khalid criticised the finance ministry’s decision to acquire four urban tolled highways for RM6.

KUALA LUMPUR (Oct 24): The RM1 billion Bank Negara Malaysia Fund for Affordable Housing has subsidised 1,100 home purchasers as at September, according to the central bank's director of financial surveillance Qaiser Iskandar Anwarudin.

KUALA LUMPUR (Oct 24): Economist Muhammed Abdul Khalid said the government should not adjust the price threshold for foreigners to buy houses and let the property market adjust itself, according to a report today in Free Malaysia Today.

Sold for: RM6.

KUALA LUMPUR (Oct 24): Gadang Holdings Bhd’s net profit for its first quarter ended Aug 31, 2019 (1QFY20) fell 10% to RM14.

KUALA LUMPUR (Oct 24): IGB Real Estate Investment Trust (REIT)’s distributable income for the third quarter ended Sept 30, 2019 (3QFY19) rose 1.

KUALA LUMPUR (Oct 23): Khazanah Nasional Bhd’s stake divestment in private healthcare provider IHH Healthcare Bhd to Mitsui & Co Ltd as part of the sovereign fund’s portfolio restructuring, was done at a 20% premium.

PETALING JAYA (Oct 23): The Malaysian Employers Federation (MEF) said the government's move to increase the minimum wage in major cities took the organisation by surprise as there was no consultation with the relevant stakeholders.

KUALA LUMPUR (Oct 23): The new corporate liability provision in the Malaysian Anti-Corruption Commission Act 2009 under Section 17A needs to be further defined, so corporate organisations know exactly how to implement the right procedures and prevent corruption, a risk management consultant said yesterday.