News about og

KUALA LUMPUR (Nov 8): The High Court has decided in favour of Roger Ng Chong Hwa and his wife Lim Hwee Bin in the forfeiture action by the government, as the prosecutor did not provide any proof how several bank accounts of the respondents were related to or used for the commission of unlawful activities.

PETALING JAYA (Oct 29): Airbnb Southeast Asia has lauded the government initiative of introducing Malaysia Digital Nomad Program in catalysing the industry’s recovery as it paves a new era for the tourism industry.

KUALA LUMPUR (Oct 16): Sentral REIT (formerly MRCB-Quill REIT) has lodged debt programmes with the Securities Commission, through which it plans to raise up to RM3 billion in combined aggregate value to finance its investment activities and general working capital, as well as to refinance its borrowings.

Reapfield Properties HQ real estate negotiator Andrew Tan, who is also a resident of Desa ParkCity for over a decade admits that when the residents first heard about Sofiya Residensi, objections were filed to the developer, on the basis that the project would mar the whole exclusivity of Desa ParkCity.

SINGAPORE (Oct 12): The manager of CapitaLand China Trust (CLCT) is planning to acquire four assets in China worth close to S$298 million (RM915 million), reported Business Times Singapore.

KUALA LUMPUR (Oct 8): Malaysia’s cultural diversity is said to be the main reason many foreigners have chosen to reside in this country under its Malaysia My Second Home (MM2H) programme since it was introduced 19 years ago.

Two years ago, the older generations used to scorn the physically-detached virtual world, but the pandemic has changed that.

PETALING JAYA (Sept 29): Sime Darby Property (SD Property) and Asia Pacific logistics specialist LOGOS Property Group Ltd have formed a joint venture company to establish a fund management platform to invest and develop “built-to-suit to lease or sell” industrial and logistic assets in Malaysia.

The furore over new and stiffer conditions attached to the Malaysia My Second Home (MM2H) programme is unfortunate, if not unnecessary.

KUALA LUMPUR (Sept 23): Scomi Group Bhd said its wholly-owned Scomi Capital Sdn Bhd (SCSB) has entered into a memorandum of understanding (MOU) with ODESI eCOB Sdn Bhd to explore opportunities to develop an urban solar programme to sell and purchase electricity generated from solar photovoltaic systems.