Hong Kong: Owners prepared to cut rents rather than selling at a loss
KUALA LUMPUR (June 24): A myriad of events are eroding rents in Hong Kong.
Mat Sabu's son jailed eight months for drugs use
KUALA LUMPUR (June 24): Ahmad Saiful Islam, the son of former defence minister and Parti Amanah Negara president Mohamad Sabu or Mat Sabu, was sentenced to eight months in prison today by the Magistrates' Court of using drugs at a hotel in the city centre last year.
Court allows prosecution to amend 1MDB audit tampering charge
KUALA LUMPUR (June 24): The High Court today allowed the prosecution to amend the charge in the 1Malaysia Development Bhd (1MDB) audit tampering case as the judge ruled that it would not prejudice former prime minister Datuk Seri Najib Razak (pictured) and former 1MDB president Arul Kanda Kandasamy.
Reopening border with Malaysia: Singapore wants 'step by step' approach
KUALA LUMPUR (June 24): Singapore would prefer a "step by step approach" to reopening the border with Malaysia, the republic’s Foreign Affairs Minister Dr Vivian Balakrishnan revealed today.
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Savills Malaysia: Massive store closures in major malls unlikely
PETALING JAYA (June 24): Although some renowned fashion brands such as Zara and Esprit have announced store closures in Malaysia recently, occupancy rate into the second half of the year (2H 2020) is expected to be relatively stable for established malls in the country.
Hua Yang narrows 4Q loss to RM4m, full-year net profit at RM2.2m
KUALA LUMPUR (June 24): Hua Yang Bhd's net loss for its fourth financial quarter ended March 31, 2020 (4QFY20) narrowed to RM4.
DONE DEAL: Serviced apartment, Kiara Designer Suites, Mont'Kiara, KL
Sold for: RM690,000 (RM548 psf) Concluded by: Ashley Haw (REN 05137) (011-1289 3610) of Kith and Kin Realty Sdn Bhd When: December 2019 Noteworthy: ● Freehold ● Built-up: 1,259 sq ft ● 3 bedrooms; 2 bathrooms ● Fully furnished unit ● Facilities: tennis court, gym, mini market, sauna, swimming pool and BBQ area.
First two phases of Elmina Green Three 85% booked in under 30 minutes
PETALING JAYA (June 23): Elmina Green Three, the latest phase of Sime Darby Property’s City of Elmina township in Shah Alam, Selangor saw 187 units or 85% of the first two phases reserved soon after their previews recently.
Dr M says he will not accept senior minister post
KUALA LUMPUR (June 23): Tun Dr Mahathir Mohamad (pictured) has revealed that he will not take on a senior minister or minister mentor’s post if Pakatan Harapan captures Putrajaya again, reported Sin Chew Daily today.
Thai durians trigger building evacuation in German town
KUALA LUMPUR (June 22): A shipment of Thai durians have caused the evacuation of a building in the German town of Schweinfurt while 12 postal workers had to be given medical treatment for nausea, CNN reported yesterday.
