Ex-Felda chairman, GM signed Jalan Semarak land transfer docs

PETALING JAYA (March 12): Former Federal Land Development Authority (Felda) chairman Tan Sri Isa Samad and an unnamed general manager at the agency were the two individuals who signed the Power of Attorney (PA) for Felda’s land at Jalan Semarak in Kuala Lumpur, Parliament was told today.

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Commercial property glut poses risk for M’sian banks

  KUALA LUMPUR (March 12): Banks may face risks on their commercial property loans, as a looming oversupply of office buildings and shopping malls may lead to a correction in valuations, said a Reuters story citing a report by Moody’s dated March 9.

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