Housing minister and developers find inspiration in the Far East
It was an eye-opening experience for delegates of the EdgeProp Malaysia Study Tour on Excellent Building Sustainability, Management and Wellness 2019 to Japan recently.
High Court allows hearing of application by Rosmah to inspect assets in RM680m 1MDB-OBYU forfeiture suit
KUALA LUMPUR (Oct 18): The High Court will hear an application by Datin Seri Rosmah Mansor and her two children to physically inspect assets seized by the government in its RM680 million 1MDB forfeiture suit against OBYU Holdings Sdn Bhd.
Stay in Barbie’s ‘Malibu Dreamhouse’: Airbnb
LOS ANGELES (Oct 18): Barbie fans can now have a sleep over at Barbie doll’s dream house, thanks to Airbnb, according to a report by AFP-Relaxnews yesterday.
All about value
How could a development add value for its residents and the community it is located in? For property developer Mah Sing Group Bhd, the answer lies in adopting sustainability practices that cover social, environmental and economic factors.
Seacera shareholders in another EGM bid to remove directors
KUALA LUMPUR (Oct 18): Seacera Group Bhd has received another notice from shareholders seeking an extraordinary general meeting to vote on boardroom changes.
Auditor of Multi-Usage issues qualified opinion on financial statement
KUALA LUMPUR (Oct 18): The external auditor of Multi-Usage Holdings Bhd (MUH), Messrs UHY, has deemed the company’s financial statement as at 30 June 2019, to be a true and fair account except for the effects of a matter described in the Basis for Qualified Opinion section of its report.
Defence in 1MDB-Tanore trial accuses Shahrol of deceiving Najib about US$1b PSI deal
KUALA LUMPUR (Oct 18): The lead defence counsel in the 1Malaysia Development Bhd-Tanore (1MDB-Tanore) had yesterday accused a witness of lying to Datuk Seri Najib Abdul Razak about a US$1 billion investment into a joint venture with PetroSaudi International Ltd (PSI).
PM's control of 1MDB not unprecedented, says Shafee
KUALA LUMPUR (Oct 17): 1Malaysia Development Bhd's (1MDB) Article 117 in its memorandum and articles of association (M&A), which requires written approval from the prime minister before the fund can decide on a wide range of matters, was not the first provision in a government-linked company to be structured that way, according to lead defence counsel Tan Sri Muhammad Shafee Abdullah.
RTS to proceed, but will take some time: PM
KUALA LUMPUR (Oct 17): Prime Minister Tun Dr Mahathir Mohamad confirms today that the government will proceed with the Johor Bahru-Singapore Rapid Transit System (RTS) project, but says “it will take some time”.
Malaysia's A-G says no negotiation to drop charges against Goldman Sachs
KUALA LUMPUR (Oct 17): Malaysia's Attorney General Tan Sri Tommy Thomas said there are no plans to drop charges against Goldman Sachs and its directors as part of a settlement with the US investment bank over the 1MDB scandal.
