News about i

KUALA LUMPUR (Feb 14): Glove manufacturer Supermax Corp Bhd has aborted a plan to acquire two pieces of freehold land in Setia Alam, Selangor from S P Setia Bhd's subsidiary Bandar Setia Alam Sdn Bhd for RM73.

KUALA LUMPUR (Feb 14): MEX 1 Capital Bhd has announced the completion of its restructuring exercise via the issuance of Islamic medium term notes (MTN) of up to RM1.

KUALA LUMPUR (Feb 14): Platinum Victory has launched its first project of the year, Platinum Casa Danau Residences with an estimated gross development value (GDV) of RM156.

KUALA LUMPUR (Feb 14): Cahya Mata Sarawak Bhd (CMS) said its wholly-owned subsidiary, CMS Cement Industries Sdn Bhd, will raise its price of cement by an average of 10% subject to product types and location.

KUALA LUMPUR (Feb 11): The issue of homeownership among the bottom 40% (B40) and middle 40% (M40) income groups “cannot be addressed by financing alone", rather by also dealing with the acute supply and demand mismatch and improving house price transparency, said Bank Negara Malaysia (BNM) governor Tan Sri Nor Shamsiah Mohd Yunus.

Did you know that the expenditure for an average Malaysian household is made up mostly of home loan repayments? With these repayments being one of the largest expenses in a household, refinancing your home loan may benefit you in the form of lowering the cost of the loan.

The Delivery of Vacant Possession (VP) under Housing Development (Control and Licensing) Act 1966 (HDA 1966) has presented a perennial question to purchasers: Why are the purchasers being delivered purportedly completed housing property that could not be occupied due to not having an actual supply of running water and electricity?       Under the current act, which is to be read together with the Housing Development (Control and Licensing) Regulations 1989 (HDR 1989), the developer is supposed to conduct the delivery of VP of the completed property to the purchasers with water and electricity supply ‘ready for connection’.

PETALING JAYA (Feb 11): Iskandar Capital Sdn Bhd announced a mixed-income housing (MIH) project that will be developed in Wawari, a 3,000-acre sustainable development in Iskandar Puteri, Johor.

KUALA LUMPUR (Feb 10): i-City has announced a RM10 million digital transformation plan to enhance its theme park with a Metaverse experience.

KUALA LUMPUR (Feb 10): S P Setia Bhd, through its subsidiary Setia HC Ventures Sdn Bhd, has signed an agreement with Qualitas Medical Group Sdn Bhd (Qualitas) to jointly develop and operate an Ambulatory Care Centre (ACC) in Setia Alam, Shah Alam.