UEM Sunrise to sell part of stake in Johor land development unit to partner KLK
KUALA LUMPUR (Oct 23): UEM Sunrise Bhd has announced a reduction in its stake in a firm developing 2,500 acres (1,011.
Extending the Defects Liability Period (DLP) protection post-CCC
SCENARIO 1: Cindy is ready to buy a house, but having heard of plenty of abandoned housing projects in Malaysia, she did not want to take the risk of buying newly-launched or still-under-construction properties.
Paradigm shift in home-buying trends
Since the implementation of the movement control order (MCO) on March 18 this year, people are spending more time at home — be it for leisure or work.
Covid-19: 1,257 cases involved schoolchildren in third wave
KUALA LUMPUR (Oct 22): A total of 1,257 cases of Covid-19 has been noted among schoolchildren since the beginning of the third wave of the outbreak last month.
Teaching intern at private school in PJ tests positive for Covid-19
KUALA LUMPUR (Oct 22): A teaching intern at St Joseph's Institution International School Malaysia (SJIIM) (pictured) in Tropicana Indah, Petaling Jaya has tested positive for Covid-19.
Johor’s Forest City joint developer Country Garden issues US$1b bonds
KUALA LUMPUR (Oct 22): Country Garden Holdings Co Ltd, which is the Johor state government’s joint venture partner in the Forest City property project in Johor, had today issued US$1 billion worth of bonds, which will be listed on the Singapore Exchange Ltd (SGX) tomorrow.
Ekovest buys more time to mull over stake buy in Bandar Malaysia developer
KUALA LUMPUR (Oct 22): Ekovest Bhd has secured more time to consider a proposal to acquire a 40% stake in IWH-CREC Sdn Bhd, the main player in the Bandar Malaysia development.
Work from home order: Only public sector, industries under Miti affected by directive, others not involved, says Ismail Sabri
KUALA LUMPUR (Oct 21): Only the public sector and industries under the International Trade and Industry Ministry (Miti) are affected by the work-from-home order in areas under conditional movement control order (CMCO) starting tomorrow (Oct 22), Senior Minister (Defence Cluster) Datuk Seri Ismail Sabri Yaakob (pictured) clarified today.
‘No further action’ be taken against Minister Khairuddin
KUALA LUMPUR (Oct 21): The Attorney General's Chambers (AGC) has come to a decision that “no further action” (NFA) will be taken against Plantation Industries and Commodities Minister Datuk Dr Mohd Khairuddin Aman Razali (pictured) over his flouting the mandatory home quarantine rule after returning from Turkey in July, The Star reported today.
British billionaire sells priciest penthouse in Singapore for S$62m
SINGAPORE (Oct 20): British inventor of the bagless vacuum cleaner James Dyson and his wife are letting go of their three-storey penthouse for S$62 million (US$189 million), for a price cut of close to 16%, Reuters reported.
