He is alleged to have received bribes of RM33.45 million from the purchase of properties by Mara Inc in Australia. … More
Tag: Property
PNB sells Menara MIDF for RM140mil?
KUALA LUMPUR : Permodalan Nasional Bhd (PNB) is reportedly selling the 21-storey Menara MIDF in Jalan Raja Chulan to Singapore-based … More
Ewhurst Park bought by model Mandy Lieu for £28 million
A Malaysian model is set to become one of Basingstoke and Deane’s largest landowners after purchasing the former seat of … More
Trouble looms over proposed UEM Sunrise-EcoWorld merger
UEM Sunrise’s parent shareholder believes merger unnecessary, insiders say KUALA LUMPUR – The resignation of two UEM Sunrise Bhd (UEMS) … More
RM140b Bandar Malaysia will be country’s biggest development
KUALA LUMPUR : The kickstart of Bandar Malaysia will boost business across all sectors as it will be a hub … More
Jackie Chan’s luxury Beijing condos up for auction in ownership row
BEIJING (AGENCE FRANCE-PRESSE) – Two luxury Beijing apartments seized from martial arts film star Jackie Chan will be put up … More
Mara building scandal – Aussie cops charge man with corruption
Australian police have charged a man with bribing a Malaysian official in order to secure the sale of a multi-million-dollar … More
Quality of works on completed projects often a source of dispute
Building defects have always been an issue. Defects can be mitigated by means of design, contract provision, good industry practices and regulatory compliance.
However, projects are constantly being driven by costs and time, and quality seems to take a backseat
Riza Aziz case settlement: US$108m asset forfeiture is on top of Red Granite payout
Riza was granted a discharge not amounting to acquittal (DNAA) at the Sessions Court on five counts of money laundering involving US$248 million of 1MDB funds, following letters of representation by Riza’s lawyers and an application by the prosecution for the DNAA.
Tenants moving out of commercial spaces despite rent cuts
Because of the COVID-19 pandemic, the businesses of Hải’s tenants were hit so hard that Hải cut rent in half, but two out of three could not afford to stay
