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PETALING JAYA (Aug 13): UEM Sunrise Bhd appointed Datuk Noorazman Abd Aziz (pictured) as its new chairman of the board of directors, effective today.

KUALA LUMPUR (Aug 13): Some creditors of Jepak Holdings Sdn Bhd have raised the issue of whether the High Court of Malaya has the jurisdiction to hear the company's application to be placed under judicial management.

PETALING JAYA (Aug 13): Sime Darby Property’s latest project, Lumira 2, in Bandar Bukit Raja, Klang, has received good response from buyers, with 70% of the units being taken up.

KUALA LUMPUR (Aug 13): Singapore-listed property company Aspen (Group) Holdings Ltd has announced it will be teaming up with CMY Capital Sdn Bhd, an investment holding company founded by prominent businessman Tan Sri Chua Ma Yu, and another investor to diversify into the manufacture and distribution of rubber gloves.

KUALA LUMPUR (Aug 13): Former auditor-general Tan Sri Ambrin Buang (pictured) testified today that the directives to amend parts of the National Audit Department (NAD) audit report of 1Malaysia Development Bhd (1MDB) for the year 2014, came from then chief secretary of the government Tan Sri Ali Hamsa.

KUALA LUMPUR (Aug 13): There is no need to impose vacancy tax on unsold units of luxury high-rise residences in the Klang Valley as the number remains low, said Deputy Federal Territories Minister Datuk Seri Dr Edmund Santhara Kumar.

KUALA LUMPUR (Aug 13): S P Setia Bhd has achieved RM875 million in sales for the first half-year ended 30 June 2020, with local projects contributing RM702 million, the company announced.

KUALA LUMPUR (Aug 13): Malaysia’s new ceiling price for three-ply face masks at RM1 per piece will be enforced beginning Saturday (Aug 15) in line with the government’s decision on the mandatory use of the item to curb the spread of the Covid-19 pandemic, Domestic Trade and Consumer Affairs Minister Datuk Alexander Nanta Linggi said today.

KUALA LUMPUR (Aug 13): All Malaysians in Beirut, Lebanon, have so far been reported to be safe, although the number of casualties due to the massive explosion that shook the Lebanese capital last week has now reached 160 people while another 5,000 were injured and 60 are still reported missing.

KUALA LUMPUR (Aug 13): Analysts have maintained their "neutral" rating of Malaysian real estate investment trusts (M-REITs) following news that the Securities Commission Malaysia (SC) will temporarily increase the gearing limit for M-REITs from 50% to 60%.