News about trial

PETALING JAYA (Sept 29): Sime Darby Property (SD Property) and Asia Pacific logistics specialist LOGOS Property Group Ltd have formed a joint venture company to establish a fund management platform to invest and develop “built-to-suit to lease or sell” industrial and logistic assets in Malaysia.

The Malaysian property market has recorded a significant increase in the first half of this year (1H2021) as compared to 1H2020, according to the latest report by the National Property Information Centre (Napic).

KUALA LUMPUR (Aug 18): 1Malaysia Development Bhd’s (1MDB) former CEO Mohd Hazem Abd Rahman (pictured) denied in the High Court today that he had conspired with fugitive financier Jho Low to siphon millions of ringgit from the fund.

KUALA LUMPUR (Aug 13): Integrated logistics service provider Tri-Mode System (M) Bhd is acquiring a parcel of land measuring 234,432 sq ft for RM15.

KUALA LUMPUR (Aug 3): Freight Management Holdings Bhd is buying two pieces of vacant industrial land in Klang for RM56.

KUALA LUMPUR (July 29): KIP Real Estate Investment Trust (KIP REIT)’s net property income for the fourth quarter ended June 30, 2021 rose 13.

KUALA LUMPUR (July 28): Lawyers in the trial of former prime minister Datuk Seri Najib Razak’s (pictured) three money-laundering charges involving RM27 million of SRC International Sdn Bhd funds, known as the second SRC trial, are seeking an adjournment to the start of the trial pending Najib’s appeals of the first SRC trial.

KUALA LUMPUR (July 26): The scheduled hearing today of Umno Supreme Council member Datuk Dr Mohd Puad Zarkashi's application to set aside the interim injunction imposed on him by Prime Minister Tan Sri Muhyiddin Yassin has now been deferred until Sept 17.

PETALING JAYA (July 22): The industrial property market remained attractive, thanks to the booming e-commerce activities amid the pandemic, said property consultancy firm Knight Frank Malaysia.

KUALA LUMPUR (July 20): Konsortium Transnational Bhd and six other companies linked to the group have succeeded in their lawsuit to get Tan Chong Motor Holdings Bhd to return all buses repossessed from them and to repay a sum of RM22.