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KUALA LUMPUR (May 7): Datin Seri Rosmah Mansor’s (pictured lawyer Iskandar Shah Ibrahim claimed today the prosecution in the 1Malaysia Development Bhd (1MDB) asset forfeiture case has failed to prove the existence of a money trail showing the 263 handbags seized from Rosmah’s residence were purchased using 1MDB funds as the police officers investigating the matter had not shown such information.

KUALA LUMPUR (May 7): Malaysia Airports Holdings Bhd (MAHB) said it has yet to receive the details of  a reported proposal by a private business entity to take over the Sultan Abdul Aziz Shah Airport in Subang.

KUALA LUMPUR (May 7): Inter-district travel will not be allowed during Hari Raya Aidilfitri in states placed under the movement control order (MCO), Utusan Malaysia reported Senior Minister Datuk Seri Ismail Sabri Yaakob saying today.

PUTRAJAYA (May 7): The Court of Appeal today dismissed the appeal filed by Sungai Ara residents, upholding the Penang High Court’s decision permitting Sunway City (Penang) Sdn Bhd to build a housing scheme development on a hilly area.

KUALA LUMPUR (May 6): Ramsay Sime Darby Healthcare today clarified that a viral message going around on WhatsApp, which states that its hospitals are running a private Covid-19 vaccination programme to cater to corporate and individuals seeking quick access to the vaccine shots, is false.

When a developer is wound up before completion of its duties and contractual obligations, a liquidator fills the void and takes on the duties of the former, such as completing the construction of the buildings or facilities left by the defunct developer, delivering vacant possession or applying for individual or strata titles, so as not to leave the purchasers in a lurch.

KUALA LUMPUR (May 7): Trading of Amcorp Properties Bhd shares are temporarily suspended today, pending the release of a material announcement.

While landed homes are investors’ darlings, there will always be a market for the more affordable high-rise units.

Landed homes have always been the darling of investors, but with uncertainties resulting from the Covid-19 pandemic, one would have expected slower take-ups of the more pricey bungalows and semi-detached homes.

Gone are the days when price tag and brand name take top priority in grocery shopping.