YNH Property's independent review reveals interconnected directors, shareholders in RM1.1b JV deals
The review also found that many JV companies shared common addresses and company secretaries.
YNH Property expects independent review of contracts to be completed by April 9
The company told Bursa Malaysia on Thursday that its audit committee convened a meeting on March 25 to receive an update from Messrs UHY on the draft special independent review (SIR) report.
Elevated office vacancy rates persist as supply outpaces demand, BNM says
“Continued observations of preferences for more flexible tenancy contracts and hybrid work arrangements suggest adjustments in supply still have some way to go.
YNH Property expects independent review of JV and turnkey contracts to be completed by Feb 15
The property developer informed Bursa Malaysia that UHY is in the final stages of completing the assessment, with the remaining pending items being cheque images from the bank.
YNH Property appoints UHY for independent review of JV, turnkey contracts
The independent assessment was initiated after its former statutory auditor, Baker Tilly Monteiro Heng PLT, issued a qualified opinion on a sum totalling RM1.
MRCB Land’s Tujuh Residences apartment in Kwasa Damansara now open for preview
Tujuh Residences will be a 29-storey apartment tower, comprising 573 units.
Associations laud move to require strata residence managers to be registered with BOVAEP
In particular, the proposed amendment on the Act includes a requirement for strata residences to be managed by a probationary property manager registered under the Board of Valuers, Appraisers and Estate Agents and Property Managers (BOVAEP).
Damansara Holdings unit fails in bid for leave to seek judicial review against IRB
In a Bursa Malaysia filing on Thursday (March 30), Damansara Holdings said the court further did not grant a stay order upon Damansara Realty (Johor) Sdn Bhd’s application to the same.
Elevated unsold houses reflect pre-existing affordability issues, says BNM
KUALA LUMPUR (March 30): The number of unsold houses remained elevated in the third quarter of 2021 despite some improvements in activity in the residential property market, said Bank Negara Malaysia (BNM).
Limited signs of credit-fuelled speculative house purchases despite low interest rates, says BNM
KUALA LUMPUR (March 30): Against the backdrop of low interest rates domestically and globally, there have been limited signs of credit-fuelled speculative investments in the housing market, according to Bank Negara Malaysia (BNM).
