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KUALA LUMPUR (Feb 22): The Ministry of Defence (Mindef) allegedly lost RM258 million by selling the Royal Malaysian Air Force base in Kinrara, Puchong at a 34% discount to tycoon Tan Sri Syed Mokhtar Albukhary in a politically motivated land swap deal, said sources contacted by The Edge Financial Daily yesterday.

  PETALING JAYA (Feb 22): Forbes Travel Guide Star Ratings, announced on 20th February 2019 in New York, honoured Crockfords Hotel at Resorts World Genting with the Five-Star award – making Crockfords the only hotel in Malaysia to receive such an honour and one of only 210 hotels worldwide bestowed with Forbes Travel Guide’s most prestigious ranking.

KUALA LUMPUR (Feb 21): Alpha REIT Managers Sdn Bhd chairman Datuk Stewart Labrooy said real estate investment trust (REIT) of government buildings would do very well, given the good location and quality of these assets.

KUALA LUMPUR (Feb 21): Former Defence Minister Datuk Seri Hishammuddin Hussein (pictured) has welcomed the findings from the Governance, Procurement and Finance Investigating Committee over the 16 land swap projects under the Ministry of Defence (Mindef) which allegedly led to losses of RM500 million.

PUTRAJAYA (Feb 21): The strategic importance and safety of Malaysia's army had been compromised in the politically-motivated land swap deals, according to the Ministry of Defence (Mindef).

KUALA LUMPUR (Feb 21): There are six ways to improve demand drivers for purpose-built office spaces in the Klang Valley, said Jones Lang Wootton executive director and head of research and consultancy Malathi Thevendran.

PUTRAJAYA (Feb 21): The land swaps being investigated under the Ministry of Defence (Mindef) were used to boost votes for UMNO politicians, specifically Datuk Seri Hishammuddin Hussein in Semberong, Johor and Datuk Seri Ahmad Zahid Hamidi in Bagan Datuk, Perak.

  PETALING JAYA (Feb 20): Negotiations to restore the stalled multi-billion ringgit East Coast Rail Link (ECRL) infrastructure project are likely in the “last mile”, said Foreign Minister Datuk Saifuddin Abdullah in a Bloomberg report.

  KUALA LUMPUR (Feb 20): Pesona Metro Holdings Bhd announced yesterday it has secured a new contract worth RM408.

KUALA LUMPUR (Feb 20): Persatuan Patriot Kebangsaan (National Patriot Association), which comprises Malaysian military and police veterans, had today urged the police and Malaysian Anti-Corruption Commission (MACC) to immediately probe the alleged leakage of government funds believed to be in excess of RM500 million under the Defence Ministry’s land swap deal involving development projects.