DONE DEAL: Serviced apartment, 188 Suites, Kuala Lumpur
Rented for: RM2,900 per month (RM4.
Retiree claims HSBC failed in duty to prevent him from being a victim of scams
KUALA LUMPUR (June 30 ): Retiree Lee Cheong Chee, 55, is suing HSBC Bank Malaysia Bhd for negligence, saying the bank did not advise him against going ahead with transactions that “it could have deduced to be fraudulent”, the Malay Mail reported today.
Court to announce decision on 1MDB forfeiture suit against ex-minister on July 24
KUALA LUMPUR (June 25): The High Court will be announcing its decision on the 1Malaysia Development Bhd (1MDB) forfeiture action against former land and cooperative development minister Tan Sri Kasitah Gaddam on July 24.
DONE DEAL: Serviced apartment, Kiara Designer Suites, Mont'Kiara, KL
Sold for: RM690,000 (RM548 psf) Concluded by: Ashley Haw (REN 05137) (011-1289 3610) of Kith and Kin Realty Sdn Bhd When: December 2019 Noteworthy: ● Freehold ● Built-up: 1,259 sq ft ● 3 bedrooms; 2 bathrooms ● Fully furnished unit ● Facilities: tennis court, gym, mini market, sauna, swimming pool and BBQ area.
Court to take a month to decide on summary judgment in Najib's RM1.69b tax suit
KUALA LUMPUR (June 22): The Kuala Lumpur High Court will reserve judgment until a later date over an application made by the Inland Revenue Board (IRB) for a summary judgment in the RM1.
Goldman Sachs trying to avoid pleading guilty in 1MDB scandal: Report
KUALA LUMPUR (June 12): Goldman Sachs is trying to get federal prosecutors to ease up on the bank for its role in a scheme to loot billions of dollars from sovereign wealth fund 1Malaysia Development Bhd (1MDB), says the New York Times (NYT).
Parkroyal Kuala Lumpur to add more rooms, introduce Pan Pacific Serviced Suites
KUALA LUMPUR (May 21): Singapore-listed property firm UOL Group Ltd, which owns and operates the Parkroyal and Pan Pacific hotel brands, is banking on the future growth of tourism in Malaysia, despite the current uncertainties in the hospitality industry, The Edge reported today.
Parkson’s Cambodian unit ordered to pay RM630m in damages to its landlord
KUALA LUMPUR (April 28): Parkson Holdings Bhd's Cambodian unit has been ordered to pay US$144.
Missouri's attorney general sues China over COVID-19 pandemic
KUALA LUMPUR (April 22): The attorney general of the state of Missouri in the US, Eric Schmitt, filed a lawsuit against the Chinese government yesterday “claiming” that China’s denials and cover-ups led to the coronavirus spreading all over the globe and causing “trillions of dollars” in economic damage, reported the South China Morning Post (SCMP).
EPF sues Ikhmas Jaya unit over payment arrears
KUALA LUMPUR (April 14): The Employees Provident Fund (EPF) is suing a subsidiary of Ikhmas Jaya Group Bhd to recover RM2.
