Boustead's KL property up for sale
PETALING JAYA (Aug 21): Boustead Holdings Bhd has put up one of its properties in Kuala Lumpur for sale.
Cross default unlikely in Genting group as Genting HK suspends payments to lenders
KUALA LUMPUR (Aug 21): News on Genting Hong Kong Ltd (Gent HK) opting to suspend payments to all creditors to preserve cash is expected to trigger a knee-jerk reaction to the share prices of its sister companies — Genting Bhd and Genting Malaysia Bhd (GENTM) on Bursa Malaysia, although the duo do not hold any equity stake in the Hong Kong-listed cruise operator.
Proposed Residential Tenancy Act: Putting an end to tenancy woes?
The National House Buyers Association (HBA) refers to recent media reports where Housing and Local Government Minister Zuraida Kamaruddin has proposed to introduce a Residential Tenancy Act (RTA) which is to be tabled in Parliament next year.
Guocoland posts ninth straight quarterly loss, dragged by loss on investment and tax provision
KUALA LUMPUR (Aug 20): Guocoland (Malaysia) Bhd, the property development arm of the Hong Leong Group, has posted its ninth consecutive quarterly loss despite a sharply higher revenue.
DONE DEAL: Bungalow, Taman Shanghai, Old Klang Road, KL
Sold for: RM4 million (RM417 psf against land size) Concluded by: Neville Peter Massang (REN 24547) (012-201 9216) of I-Prop Realty (USJ) Sdn Bhd When: May 2020 Noteworthy: ● Freehold ● Land size: 9,583 sq ft; Built-up size: 4,094 sq ft ● 6 bedrooms; 5 bathrooms ● Partly furnished with ceiling fans, lightings, curtains, kitchen cabinets and wardrobes.
Malaysia's new Covid-19 cases rise to 16, mostly from Tawar and Sala clusters
KUALA LUMPUR (Aug 19): New Covid-19 cases in Malaysia rose to 16 — from seven reported yesterday — with the majority of them coming from the Sala and Tawar clusters that originated in Kedah.
RICS and MIPFM form strategic partnership to promote continuing education of built environment
PETALING JAYA (Aug 19): Royal Institution of Chartered Surveyors (RICS) and Malaysian Institute of Property and Facility Managers (MIPFM) today signed a Memorandum of Understanding (MoU) to form a partnership in supporting the continuing education of the built environment in the country.
Turiya gets UMA query over sharp rise in share price, trading volume
KUALA LUMPUR (Aug 19): Bursa Malaysia Securities Bhd has issued an unusual market activity (UMA) query today to Turiya Bhd on the company’s sharp rise in share price and trading volume recently.
Malaysia reports seven new Covid-19 infections as active cases fall below 200-mark
KUALA LUMPUR (Aug 18): Malaysia saw seven new Covid-19 infections as of noon today after reporting cases in the double-digit in the previous six days.
Covid-19 crisis warrants exit clause in fiscal policy, says Zafrul
KUALA LUMPUR (Aug 18): The Covid-19 pandemic, dubbed the worst crisis since The Great Depression in the 1930s, warrants an exit clause in Malaysia's fiscal policy, said Minister of Finance Tengku Datuk Seri Zafrul Aziz (pictured).
