Q: What is the function of a sinking fund? Is there any guideline on how much a home owner should be charged? The Strata Management Act 2013 requires every parcel owner to contribute to the sinking fund every month.
KUALA LUMPUR (May 30): High Court judge Datuk Indera Mohd Sofian Abd Razak has set Aug 19 for case management of a litigation over the title of the 106.
KUALA LUMPUR (May 30): Attorney General Tommy Thomas said today the UK High Court emphasised that it remains ready to proceed with 1Malaysia Development Bhd (1MDB) and Minister of Finance Inc's (MOF Inc) challenge against the consent award to International Petroleum Investment Co (IPIC) after having regard to the circumstances.
PETALING JAYA (May 30): Two luxury condominiums belonging to Jho Low, allegedly bought with money stolen from 1Malaysia Development Bhd (1MDB) are to be sold as part of U.
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.
KUALA LUMPUR (May 30): ARB Bhd, formerly known as Aturmaju Resources Bhd, has bagged a contract worth RM18 million to provide the Internet of Things (IoT) system and engineering, procurement, commissioning and management services (IoT SEPTCM) for a proposed residential development in Perak.
PUTRAJAYA (May 29): The association of longhouse settlers in Taman Tun Dr Ismail, near Taman Rimba Kiara park in Kuala Lumpur submitted a second memorandum to Prime Minister Tun Dr Mahathir Mohamad at his office in Putrajaya today, urging him to defend the rights of the minority and marginalised community.
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 29): The hearing for the merits of Semantan Estates (1952) Sdn Bhd’s claims to retain beneficial interests and cause to transfer ownership of 106.
PUTRAJAYA (May 28): The federal government is writing off a sum of RM3.
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