Iris deputy MD retires amid graft probe
KUALA LUMPUR (Sept 7): Iris Corp Bhd announced that its deputy managing director (MD) Datuk Hamdan Mohd Hassan (pictured) has relinquished his position in the trusted identification (ID) company amid an ongoing graft probe in connection with the company’s e-passport contract with the Republic of Guinea.
LBS Bina to buy M3 Mall owner-operator for RM105 mil
KUALA LUMPUR (Sept 6): Property developer LBS Bina Group Bhd announced it will be buying Gerbang Mekar Sdn Bhd, the mall owner and operator of the M3 Mall in Gombak, for which it will be paying RM105 million in cash and kind, to enter the retail business.
Steep hike in development charge rates for Spore's non-landed residential sector
SINGAPORE (Sept 5): The Ministry of National Development has raised the development charge (DC) rates for land use groups: commercial; landed residential; and non-landed residential for the period of Sept 1 to February 28, 2018.
Currency will continue to be a driving factor for global property market, says Knight Frank
PETALING JAYA (Sept 2): Currency market movements can have a significant impact not only on the return provided by an overseas asset, but also on the flow of international capital into property markets, said global property consultancy Knight Frank.
Tips to keep your home safe when you’re away on holiday
THE last thing we want when we come home from a holiday is to find out that our home has been broken into or worse, burnt down.
MK Land unit gets stay order on IRB notice after judicial review bid rejected
KUALA LUMPUR (Aug 30): MK Land Holdings Bhd's wholly-owned unit, Saujana Triangle Sdn Bhd, has obtained an order from the Court of Appeal to stay the effect of the Inland Revenue Board's (IRB) notices of assessment to the company.
Multi-phase development without subdividing land could be a big issue for property owners
PETALING JAYA (Aug 29): Property buyers of a multi-phase development need to be aware of whether the property they purchased is built on a subdivided land.
Najib: Phase 1 of River of Life project 81% complete
KUALA LUMPUR (Aug 29): The first phase of the government's River of Life project, which aims to improve the water quality of the Klang and Gombak rivers, is now 81% completed, and will be fully completed by 2020, said Prime Minister Datuk Seri Najib Razak on his website yesterday.
Eversendai logs RM20.6 mil profit for 2Q on absence of impairment, forex losses
KUALA LUMPUR (Aug 28): Eversendai Corp Bhd posted a net profit of RM20.