‘Over US$1m spent to prop up Jho Low’s reputation’
KUALA LUMPUR (Nov 15): The legal team supporting Malaysian financier Low Taek Jho (Jho Low) has spent more than US$1.
Colony to debut its largest premium co-working space at Star Boulevard KLCC
PETALING JAYA (Oct 14): Co-working space operator is set to debut its largest premium co-working space to date at the Star Boulevard KLCC, Colony’s executive director Timothy Tiah told EdgeProp.
Guilty or innocent, rule of law applies to Najib, says Dr M
KUALA LUMPUR (Nov 13): The rule of law applies in trials of former prime minister Datuk Seri Najib Razak whether he is guilty or innocent, said Prime Minister Tun Dr Mahathir Mohamad in an interview.
Homebuyers deferring purchase to next year for more budget perks, says analyst
KELANA JAYA (Nov 13): With all the favourable measures for first time homebuyers under Budget 2019 which will kickstart next year, RAM Ratings head of agribusiness, real estate and construction Thong Mun Wai expects property sales to improve early next year.
Rehda Institute, MRMA to set up residential REIT to provide rental housing
KELANA JAYA (Nov 13): Rehda Institute is looking at introducing a Residential Real Estate Investment Trust (REIT) which could provide more rental housing to the B40 income group.
Govt should promote rent-to-own concept to boost homeownership
KELANA JAYA (Nov 13): The Housing and Local Government Ministry (KPKT) should take the initiative to work with the private sector to promote the rent-to-own concept or other alternatives to encourage homeownership without over-stretching the finances of individuals instead of increasing affordable housing supply, said Socio-Economic Research Centre (SERC) executive director Lee Heng Guie.
S’pore-listed Thomson Medical to spin off property business
KUALA LUMPUR (Nov 13): TMC Life Sciences Bhd said its parent, Singapore-listed Thomson Medical Group Ltd (TMG), plans to spin off its real estate business to its existing shareholders via a distribution in specie by way of a capital reduction of S$155.
Finance Minister says new homeownership platform provides another option
KUALA LUMPUR (Nov 12): Finance Minister Lim Guan Eng today explained that the new homesownership platform initiative provides Malaysians with another option towards owning a home.
PAC to set a date for 1MDB proceedings tomorrow
KUALA LUMPUR (Nov 12): The Public Accounts Committee (PAC) will hold a meeting tomorrow (Nov 13) to discuss the date for proceedings to start, pertaining to the reinvestigation of 1Malaysia Development Bhd (1MDB).
Rosmah to face new charges, says report
KUALA LUMPUR (Nov 12): Datin Seri Rosmah Mansor is likely be dragged to court yet again, reportedly over a RM1.
