KUALA LUMPUR (May 30): Retirement Fund Inc's (KWAP) investment panel, the body that has the final say on whether to approve a loan to a third party using the fund's money or not, was not "compelled" to act in accordance to the government's intent to lend money to SRC International Sdn Bhd, the High Court was told yesterday.
Sold for: RM325,000 Concluded by: Usha A/P R Lachumanan (REN 17124, 016-720 0135) of Gather Properties Sdn Bhd When: January 2019 Noteworthy: ● Freehold intermediate unit ● Land area: 1,400 sq ft, ● Built-up area: 1,250 sq ft ● Four bedrooms and three bathrooms ● Partially furnished unit with kitchen cabinets ● Facilities within the township: Children’s playground, recreational lake and jogging track ● Nearby amenities: Around 5km away from Universiti Teknologi Malaysia, 15km away from Sulatan Ismail International Airport in Senai, primary and secondary schools within 2km radius Developed by Hua Yang Bhd, Taman Pulai Indah is an integrated township located in Kangkar Pulai, one of the townships within Iskandar Puteri in Johor Bahru.
KUALA LUMPUR (May 30): KAJ Development Sdn Bhd will resume two projects under the RM43 billion Melaka Gateway plan after the Transport Ministry allowed the company to appeal against the government's earlier decision to scrap the development.
KUALA LUMPUR (May 29): Malton Bhd is disposing a 49% stake in Pavilion Bukit Jalil Mall, which is currently under construction, to raise money to complete the massive development in the southern part of Kuala Lumpur.
KUALA LUMPUR (May 28): Kumpulan Wang Persaraan (Diperbadankan) (KWAP) former chief executive officer Datuk Azian Mohd Noh (pictured) told the High Court here of her meeting with Datuk Seri Najib Razak's principal private secretary, the late Datuk Azlin Alias, at a hotel in KL Sentral sometime in June 2011 regarding the loan sought by SRC International Sdn Bhd.
KUALA LUMPUR (May 28): The Employees Provident Fund (EPF) has confirmed the fund's purchase of Sports Direct International Plc's headquarters (HQ) in the UK for £120 million, or approximately RM636.
KUALA LUMPUR (May 28): Ihsan Perdana Sdn Bhd (IPSB) managing director Datuk Dr Shamsul Anwar Sulaiman (pictured) said he was only following orders when the company's Affin Bank account was used as a transit account to transfer money to a company known as Mail Global Resources.
PUTRAJAYA (May 28): The federal government is writing off a sum of RM3.
PUTRAJAYA (May 27): Prime Minister Tun Dr Mahathir Mohamad said that there has yet to be a decision made on reducing toll rates in the country.
KUALA LUMPUR (May 28): MGB Bhd said its unit has been awarded a RM134.
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