How guaranteed are guaranteed rental return schemes?
Some time ago, we received an email from an observer who was at a developer’s office.
Singapore supermarket tycoon’s S$65m “Hidden House”
When the billionaire supermarket tycoon Lim Hock Leng showed the Singapore media a sneak peek of the family house in April this year, many were surprised by the “minimalistic luxurious” multigenerational home that embraces nature, family and heritage value.
E&O has no merger plans for now, says chairman Tee
KUALA LUMPUR (May 12): Property developer Eastern & Oriental Bhd does not plan to merge with any entities in the near term, including with construction player Kerjaya Prospek Group Bhd, according to the majority shareholder of both companies, Datuk Tee Eng Ho.
Hong Leong group moves 27% stake in Eco World International from flagship company in restructuring exercise
KUALA LUMPUR (May 12): Hong Leong Company (Malaysia) Bhd is no longer the ultimate shareholder of the 27% stake in Eco World International Bhd (EWI) owned by the Hong Leong group following an internal restructuring.
E&O says Tee Eng Ho redesignated as executive chairman
KUALA LUMPUR (May 12): Eastern & Oriental Bhd (E&O) announced today Datuk Tee Eng Ho’s redesignation as the property developer’s chairman from director previously besides other board members’ resignations due to the takeover offer by Amazing Parade Sdn Bhd, in which Tee has a stake.
Sri Ram says no conflict of interest in acting for Wong & Partners in 1MDB civil suit
KUALA LUMPUR (May 12): Former Federal Court judge Datuk Seri Gopal Sri Ram (pictured) has said there is no conflict of interest in him representing law firm Wong & Partners and its partner Brian Chia Hock Gee against a US$1 billion suit filed against them by 1Malaysia Development Bhd (1MDB).
Kerjaya Prospek appoints Tee Eng Tiong as CEO and executive director
PETALING JAYA (May 12): Kerjaya Prospek Group Bhd has appointed Tee Eng Tiong (pictured) as chief executive officer and executive director, effective today.
Singapore: Building owners in hot soup for occupying premises without valid fire cert
KUALA LUMPUR (May 12): Six building owners in Singapore have been charged for occupying premises without valid fire certificates, Channel News Asia (CNA) reported the Singapore Civil Defence Force (SCDF) saying today.
Wong & Partners: 1MDB suit has no merit, sum claimed is unjustified
KUALA LUMPUR (May 12): Legal firm Wong & Partners said it is "very disappointed" by the decision of 1Malaysia Development Bhd (1MDB) to file a civil suit against the firm for what it claimed is advisory work in relation to 1MDB.
Govt should include industry players in improvement of HIDE system — Malaysian REIT Managers Association
KUALA LUMPUR (May 11): Malaysian REIT Managers Association (MRMA) has urged the government to include various industry players in the improvement of the Hotspot Identification for Dynamic Engagement (HIDE), according to its chairman Datuk Jeffrey Ng.
