‘Forced to enter into one-sided deal’

  KUALA LUMPUR (April 10): Ahead of the tabling of the White Paper on the Federal Land Development Authority (Felda) in the Dewan Rakyat today, the agency lodged a police report, claiming it was cheated into signing a one-sided deal in its purchase of PT Eagle High Plantations Tbk (EHP) from Indonesia’s Rajawali Group.

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Felda was cheated in Eagle High purchase, says director general

  KUALA LUMPUR (April 9): Federal Land Development Authority (Felda) director general Datuk Dr Othman Omar had yesterday evening lodged a police report at the police commercial crime unit here, claiming that it was cheated into entering into a "one-sided" deal for the sale and purchase of Eagle High Plantations TBK (EHP), owned by the Rajawali Group, two years ago.

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King calls for fight against corruption to continue

KUALA LUMPUR (March 11): Yang di-Pertuan Agong Al-Sultan Abdullah Ri'ayatuddin Al-Mustafa Billah Shah called for the government to continue the fight against corruption as the menace burdens the people and destroys the foundation of a country.

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New law needed to smoothen redevelopment process of old buildings

TANJUNG BUNGAH (March 8): Penang Housing, Town, Country Planning and Local Government Committee chairman Jagdeep Singh Deo hopes a separate law on urban regeneration could be proposed to the Attorney General’s Chamber (AGC) for consideration to allow for the process to be carried out smoothly.

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KL's lower plot ratios may drive land prices down – report

PETALING JAYA (Feb 16): The lower plot ratios for property developments under the newly-gazetted Kuala Lumpur City Plan 2020 (KLCP 2020) will likely drive down the prices of development land in the capital as project densities – and consequently profitability – are reduced, reported The Edge Malaysia.

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