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The three appointments are Mohd Ali Abd Karim (independent non-executive chairman), Lukman Abu Bakar (independent non-executive director) and Datuk Shireen Ann Zaharah Muhiudeen (non-independent non-executive director).

One of the issues “that divided” top management and the board was a March 2018 deal with real estate agency Heritage Shield Sdn Bhd to sell apartment units at the Union Suites devlopment in Bandar Sunway.

“Some quarters contend that the stricter MM2H rules on could result in an outflow of funds. Even if there was any outflow, the amount in question is less than RM1 billion. It would not cause a dent in the financial system,” said the columnist.

Sultan Ibrahim Sultan Iskandar: The ministry’s decision is mind boggling and outrageous, considering that MM2H brought huge economic benefits to Malaysia

This was 13 years before the Grenfell Tower fire

Retrenchment notice has given staff a 2-month notice from Sept 15, with their last day of service being on Nov 14, 2021

The 1.8ha plot had been allocated for the project under the previous Pakatan Harapan government two years ago.

As the pandemic continues to rage on, a general “insecure” perception among consumers – linked to business shutdowns, travel restrictions, unemployment and households’ sagging finances – have contributed to a dampened consumer spirit and spending power, thereby leading to a weaker market sentiment in general

In Napic’s “Malaysia Property Market Report – first half of 2021” which was released on Sept 15, a total of 139,754 transactions worth RM62.01 billion were recorded, up 21% in volume and 32.1% in value compared to the same period last year

The prolonged lockdown also led developers to rethink their strategies in marketing and product offerings