News about i

KUALA LUMPUR (June 11): Malaysia administered 157,949 doses of vaccine yesterday (June 10), marking the third consecutive day the country surpassed the 150,000 level, according to latest data from the Covid-19 Vaccine Supply Access Guarantee Special Committee (JKJAV).

While the recent deals of Cochrane land and Connaught land sales to Sunway Property and UEM Sunrise Bhd respectively have caught the market’s attention, real estate agency Rahim & Co International Sdn Bhd CEO Siva Shanker says not many developers are looking for land in Kuala Lumpur city centre.

Despite having been in the industry for over 20 years, UEM Sunrise Bhd CEO Sufian Abdullah has experienced a real baptism of fire in dealing with the uncertainties brought on by the Covid-19 pandemic.

SINGAPORE (June 11): Beleaguered company Innopac Holdings announced that its wholly-owned subsidiary Awana Rentak has entered into a memorandum of understanding (MOU) with Malaysian developer Wanland Metro in relation to a joint venture to develop land in Tanjung Malim, Perak, Malaysia.

Bordering Ampang to the north and Kajang to the south, Cheras is one of the oldest residential areas in Kuala Lumpur with parts of it located in Selangor.

For the astute investor, every adversity offers a window of opportunity Although the already soft property market has been further pressured by the impact of the Covid-19 pandemic, the business of property development has continued to fight tooth and nail.

KUALA LUMPUR (June 10): The next case management for four lawsuits against local parties filed by 1Malaysia Development Bhd's (1MDB) former subsidiary SRC International Sdn Bhd to recover its assets has been set for July 12.

KUALA LUMPUR (June 10): Former prime minister Tun Dr Mahathir Mohamad said he proposed the setting up of a National Operations Council (Mageran) during his audience with the Yang di-Pertuan Agong today, as a potential solution to the issues Malaysia is currently facing.

KUALA LUMPUR (June 10): The multibillion ringgit suit filed by 1Malaysia Development Bhd (1MDB) against foreign banks Deutsche Bank, JP Morgan and Coutts & Co is set for case management on July 28.

KUALA LUMPUR (June 10): The Ministry of Health (MoH) detected across Malaysia 23 new variant cases of the severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2), which causes Covid-19, between last Thursday (June 3) and Tuesday (June 8).