1MDB still owns Air Itam land, says Penang CM

PETALING JAYA (Aug 9): 1Malaysia Development Bhd (1MDB) is still the registered owner of 234 acres of land in Air Itam, Penang, even after it was sold to another company as the transfer of ownership is incomplete, reported the Malay Mail.

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MIEA: Property investors to make a comeback

PETALING JAYA (Aug 9): Malaysian Institute of Estate Agents (MIEA) holds an optimistic outlook of the property market and believes that real estate investors will make a comeback, due to improving fundamentals under the new government and new policies to address the sector's issues.

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Ipoh's animation theme park to drop DreamWorks' attractions

KUALA LUMPUR (Aug 8): Perak Corp Bhd's indirect 51%-owned subsidiary Animation Theme Park Sdn Bhd (ATP) has dropped plans to include DreamWorks' attractions at its Movie Animation Park Studio (MAPS) in Ipoh, Perak, after both parties failed to reach agreement to open the DreamWorks' attractions to the public by Aug 1.

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