Evergrande to raise US$5b from stake selling its property unit
HONG KONG (Oct 4): China Evergrande is looking at disposing of 50% of its stake in its property management unit to Hopson Development for US$5 billion (RM20.
87.6% of Malaysia’s adult population fully vaccinated against Covid-19 as of Oct 3; 206,574 daily vaccine doses administered
KUALA LUMPUR (Oct 4): A total of 20,621,994 individuals or 87.
Time for interstate travel drawing closer, says PM Ismail Sabri
KUALA LUMPUR (Oct 4): Interstate travel which Malaysians have been long awaiting is in sight, following the increase in the Covid-19 vaccination rate of the adult population in the country.
Report: Construction ‘giants’ forming consortiums, JVs to bid for MRT3
KUALA LUMPUR (Oct 2): Construction “giants” are said to be forming consortiums and JVs to prepare for the “eventual” construction tenders for the Klang Valley Mass Rapid Transit Line 3 (MRT3), The Edge Malaysia reported in its latest issue.
High Court rules error of law as 1 Mont’Kiara dan Kiara 2 MC imposed different rates of charges on owners
PETALING JAYA (Sept 30): The High Court has ruled that the 1 Mont’Kiara dan Kiara 2 Management Corp (MC) has committed an error of law in imposing charges contrary to the expressed powers under section 60 (3) Strata Management Act 2013 (SMA) in May this year.
Iconic clothing retailer Kamdar closes smaller outlet near Jalan TAR headquarters
KUALA LUMPUR (Sept 30): The iconic clothing retailer Kamdar Group (M) Bhd has closed its Jalan Tuanku Abdul Rahman outlet in Kuala Lumpur with effect from Thursday to consolidate the business of two branches situated within close proximity.
Shukry Salleh: I was ordered by Najib to inform audit department to drop sensitive information from 1MDB audit report
KUALA LUMPUR (Sept 30): Datuk Seri Najib Razak’s former principal private secretary Tan Sri Shukry Salleh said the former premier had ordered him to instruct the National Audit Department (NAD) to drop certain “sensitive information” from the 1Malaysia Development Bhd (1MDB) audit report in 2016.
DONE DEAL: Double-storey terraced house at Taman SEA, Petaling Jaya, Selangor
Read also DONE DEAL: Double-storey bungalow house at Athinahapan, TTDI, Kuala Lumpur DONE DEAL: Double-storey terraced house at Bandar Puteri Puchong, Selangor Taman SEA is one of the most established housing areas in Petaling Jaya.
Malaysian banks have no exposure to Evergrande, says S&P
KUALA LUMPUR (Sept 29): Malaysian banks are not directly exposed to embattled property developer China Evergrande Group as they are more concentrated in the Southeast Asian region, says S&P Global Ratings.
IOI Properties announces subsidiary’s successful bid to buy Singapore's Marina View tract
KUALA LUMPUR (Sept 29): IOI Properties Group Bhd announced on Wednesday (Sept 29) its wholly-owned subsidiary Boulevard View Pte Ltd’s successful bid to buy an estimated 0.
