FIABCI appoints S P Setia’s Datuk Koe Peng Kang as vice president of FIABCI Asia Pacific
Koe is also the incumbent President of FIABCI Malaysia, he will take office effective May 2021 – May 2023.
All flats in KL over 40 years old to be redeveloped, says FT Minister
The guidelines are ready and have been approved to encourage and assist the private sector to work together with DBKL in this effort. The identified areas will be demolished and rebuilt, subject to agreement of the original owners.
Mah Sing secured close to 100% shareholders’ approval on business diversification
In a media statement today, Mah Sing said it has obtained 99.9962% shareholders’ approval at the extraordinary general meeting (EGM) held virtually on Dec 21, 2020.
Expect tougher coronavirus curbs says Britain’s health minister
The report said that the government faced criticism for abruptly scrapping plans to ease restrictions for Christmas and imposing an effective lockdown on more than 16 million people. However, Health Minister Matt Hancock defended the decision, saying evidence showing the new strain was causing spiralling cases had forced the action.
Covid-19: Two more HTAR staffs tested positive
Selangor Health Department director Datuk Sha’ari Ngadiman said another two patients admitted to the hospital also tested positive.
PAM: Resolve disputes by using common sense approach
Architects as the Contract Administrators should take proactive roles in averting disputes by guiding the parties toward practical solutions, so that projects can come to an amicable completion, said PAM president Datuk Ar. Ezumi Harzani Ismail.
Yong Tai goes for vaccine distribution
Yong Tai CEO Datuk Wira Boo Kuang Loon: We don’t see the tourism and property sectors recovering significantly in the next two years. That is why we want to be involved in vaccine distribution.
REIT deals hit RM2b in 2020, says report
Siva Shanker, CEO of real estate agency at Rahim & Co International Sdn Bhd: The market (recovery of the property market) should come back in 2022/23 and these office transactions will bear fruit with higher yields, as rentals will improve.
Sarawak: B40 can purchase property in state housing developments for RM120,000 or less
Chief Minister Datuk Patinggi Abang Johari Tun Openg: The state government is taking this approach to help the B40 group to be able to own houses legitimately
MBPJ: Former members of JMB fined
Petaling Jaya mayor Datuk Mohd Sayuthi Bakar: I also hope to send a clear message to those who have been given the trust by the property owners to manage and maintain stratified development schemes, to execute their responsibilities with honesty and integrity as well as abide by the laws stated in this Act [Strata Management Act 2013 (Act 757)].
