Tiffany & Co sues LVMH after French retailer cancels US$16b offer
US jewelry retailer Tiffany & Co has filed a lawsuit against LVMH after the French luxury goods giant called off a planned $16.2 billion acquisition
DONE DEAL: Serviced apartment unit, Marc Service Residence, KL
Rented for: RM2,500 (RM3.98 psf); Concluded by: Meifen Low (REN 06451) (012-653 0714) of One WSM Property Sdn Bhd; When: July 2020
Covid-19: David and Victoria Beckham infected with virus in March, says tabloid
Report stated that the famous couple “likely caught the bug during their stay in Los Angeles in March”.
DONE DEAL: Double-storey terraced house, USJ 5, Subang Jaya, Selangor
Sold for: RM800,000 (about RM444 psf based on land size); Concluded by: John Oh Ewe Hock (REN 07002) (012-2986266) of Oriental Real Estate Sdn Bhd; When: July 2020
Confusion over new ruling: Passengers stranded for hours in KLIA
Close to 200 Malaysians with approval letters were not allowed to proceed to the immigration counters and some of them have waited for over 10 hours for the airport staff to sort out the SOPs of the new ruling.
Police seek for public assistance for land fraud case investigation
Police discovered a case in which a piece of 7-hectare plot worth some RM24 million belonging to a company was fraudulently transferred to another man’s name
Dog owner was fined RM30,000 for animal cruelty
A dog owner was fined RM30,000 by the Sessions Court here for animal cruelty after she admitted to neglecting two dogs in March last year.
ECRL: 'New' alignment gets 'tacit approval', say sources
The estimated cost of the mega ECRL is now about RM50 billion
Report: Mah Sing's 'plastic play' in the news
Mah Sing said its plastics manufacturing unit was “exploring opportunities in healthcare-related products”.
Sunway REIT turns to more stable segments
“We are trying to look at sunrise assets (assets in an industry that is growing fast) versus our current cyclical assets. So, those (industrial and other services) are sunrise assets. If you look at the Covid-19 situation, the impact on their businesses has been negligible,” said Datuk Jeffrey Ng Tiong Lip, CEO of Sunway REIT Management Sdn Bhd.
