Ideal United shares hit 13-year high after sharp rise in 2Q earnings
KUALA LUMPUR (Aug 27): Ideal United Bintang International Bhd’s (IUBI) share price hit a 13-year high of RM1.
Country Garden stresses that all foreign purchases comply with Malaysian laws and regulations
PETALING JAYA (Aug 27): Country Garden Pacificview Sdn Bhd, the master developer of Forest City in Iskandar Malaysia, Johor, reiterated that all its property transactions comply with all Malaysian laws and regulations and have the necessary approvals to be sold to foreign purchasers.
More Japanese investments coming into Iskandar, says deputy minister
ISKANDAR PUTERI (Aug 27): There has been a significant growth in investments, especially from Japan, into the Iskandar region following the installation of the new government.
Ewein 2Q net profit soars 273% on higher property sales
KUALA LUMPUR (Aug 27): Ewein Bhd's second quarter net profit increased 273% to RM11.
Malaysia bans foreigners from Forest City mega project
KUALA LUMPUR (Aug 27): Prime Minister Tun Dr Mahathir Mohamad has announced that foreigners will not be allowed to buy property at the Forest City (pictured) mega project in Johor or be granted visas to live there.
Selangor to study residential development costs
PETALING JAYA (Aug 27): The Selangor state exco has proposed to establish a taskforce that will examine the costs of residential property development to the point where the property is sold, reported The Star.
Property developer manager cons buyers in affordable homes scam
PETALING JAYA (Aug 27): A manager at a property development company was arrested by police for swindling interested buyers of affordable homes in Johor out of RM5,000 each, reported The Star.
10 trapped as 4-storey building collapses in Ahmedabad, India
INDIA (Aug 27): At least 10 people were trapped after a four-storey building collapsed in Ahmedabad, India yesterday.
Non-payment of GST refunds needs finance minister’s nod
KUALA LUMPUR: Only the finance minister has the authority to extend the two weeks given to the Royal Customs Department to refund goods and services tax (GST) inputs paid by businesses.
Reports say Singapore has not agreed to defer HSR
KUALA LUMPUR (August 25): Singapore has not yet agreed to defer the Kuala Lumpur-Singapore High Speed Rail (HSR) project, reported the Straits Times.
