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KUALA LUMPUR (Aug 21): Datuk Seri Ismail Sabri Yaakob took his oath of office as the ninth prime minister of Malaysia before the Yang di-Pertuan Agong at Istana Negara this afternoon.

KUALA LUMPUR (Aug 21): Country Heights Holdings Bhd (CHHB) said yesterday the property developer proposes to undertake a private placement of up to 54.

KUALA LUMPUR (Aug 20): Pharmaniaga Bhd, which packages and distributes Covid-19 vaccine Sinovac, is seeking approval for the vaccine to be administered to the Malaysian adolescent population.

KUALA LUMPUR (Aug 20): Tiong Nam Logistics Holdings Bhd has secured a long-term lease for its upcoming warehouse in Senai Airport City in Johor, where it will be setting up a new distribution hub for an unnamed multinational company (MNC) client.

KUALA LUMPUR (Aug 20): Datuk Seri Ismail Sabri Yaakob (pictured) will be sworn in as Malaysia’s ninth Prime Minister tomorrow (Aug 21), following the conclusion of the two-and-a-half-hour long special meeting among the Malay Rulers today.

KUALA LUMPUR (Aug 20): Malaysia's daily Covid-19 cases crossed the 23,000 mark for the first time today, with 23,564 infections — up from yesterday's 22,948.

KUALA LUMPUR (Aug 20): Beijing Urban Construction Group (BUCG) supposedly had an advantage over other bidders in tendering for the Penang undersea tunnel project as it participated in several state government meetings, over a year before the project was eventually awarded to it, the Sessions Court heard today.

PENANG (Aug 20): Property developer Iconic Worldwide Bhd, a Bursa Malaysia listed company which is also involved in tourism and manufacturing of personal protective equipment (PPE) business, said it  has expanded its PPE products to include in-vitro diagnostic medical devices (IVD) and copper oxide face masks.

KUALA LUMPUR (Aug 20): Datuk Lai Voon Hon (pictured) has resigned as Ireka Corp Bhd chairman effective yesterday, after holding the post for just one and a half months.

The collection of booking fees by developers is a common practice in Malaysia during property transactions, but many might not be aware that it is actually prohibited under the Housing Development (Control and Licensing) Regulations 1989 (HDR).