Jho Low's lingerie office in London to be sold

  LOS ANGELES (Oct 24): The fugitive Low Taek Jho, or Jho Low's office for his luxury lingerie company is to be sold, as part of forfeiture lawsuits related to recovering money misappropriated from the 1Malaysia Development Bhd (1MDB) investment fund.

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SRC trial: Defence challenges admissibility of 70 out of 780 exhibits

KUALA LUMPUR (Oct 24): While Datuk Seri Najib Abdul Razak's defence team sought to question the admissibility of 70 out of 780 documents that had been tendered as evidence in the SRC International Sdn Bhd trial, the prosecution maintained that these should be given due consideration by the High Court here.

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热盘行情:隆市Mont’Kiara Pavilion Hilltop公寓单位

成交价:RM122万 交易推手:来自Big Plus Properties Sdn Bhd的Alfred Chua (REN 28642,017-202 0656)  成交日期:2019年1月 卖点: 建筑面积:1,200平方尺 中楼层,面向南边 3房2厕 部分装潢单位 临近设备有国际学校、购物广场和医疗中心 可轻易取道各大主要高速公路 Pavilion Hilltop Mont’Kiara是由Pavilion Group和Kuwait Finance House联手发展的公寓项目。该项目内有3栋住宅大楼,共有621间公寓单位,每间单位的建筑面积介于1,200 平方尺至1,830平方尺之间。该项目在两年前已竣工移交买家。 Pavilion Hilltop Mont’Kiara的公共设施有泳池、健身房、图书馆、游戏室、香料花园、篮球场等等。 来自Big Plus Properties Sdn Bhd 的 Alfred Chua最近促成了这单总值RM122万的交易。他表示,这个单位卖家是一位产业投资者。 “这个单位从来没有被入住过,所以依然维持在发展商交屋时的状态,里面有发展商随新屋附送的橱柜、冷气机、厕所配件和厨房电子用品如冰箱和微波炉。卖家决定套现这个单位以投资在别的产业上。” 买家是一对外国夫妻,他们为了孩子的教育而移居吉隆坡。 “这对夫妇参观过其他Pavilion Hilltop 的单位,但他们最喜欢这个单位。他们说这个单位有家的感觉。” Chua补充,这个单位从未被别人入住过,也是它备受买家青睐的原因,因为这样他们等同购买了新屋。 询及这个单位RM122万的成交价,Chua说对于这栋低密度的项目,以及这个单位的条件来说,这是一个公平的交易价。 无论如何,他说Pavilion Hilltop的单位供过于求,所以成交价已经在每平方尺RM950 至RM1,000之间徘徊好几个月了。 “平均来说,这个项目每月会有一、两个单位转手,但总的来说,求售的还是比求买的多。” 根据截至2019年8月21日的EdgeProp.

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Money laundering charges must fall as CBT charges has not been proven, says defence

KUALA LUMPUR (Oct 23): The defence team in Datuk Seri Najib Razak's SRC International Sdn Bhd graft trial involving RM42 million of the company's funds has argued that the prosecution must first prove that the former prime minister indeed committed the predicate offences — criminal breach of trust (CBT) — in order for the money laundering charges to stand, as the two offences are related.

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