"The rejection rate of the previous batches was less than 10%, with strict filtration being done before the submission. This has never happened before, since 2006 when the MM2H programme was started.”
Some of the “items targeted in the latest lawsuits” are US$6 million Warhol “Campbell’s Soup Can” painting and a $10 million work by Claude Monet.
Immigration director-general Khairul Dzaimee Daud: Only applications (for visa holders) to return to Malaysia will still go through the tourism, arts and culture ministry.
Rented for: RM1,700 per month (RM2.50 psf); Concluded by: Mohd Waqiyuddin (REN 17029)(018-350 2456) of CBD Properties Sdn Bhd; When: March 2020
CEO of The Expat Group, Andrew Davison said the closure seems to be the result of a “major disagreement between the immigration and tourism ministries about the programme itself”.
“However, when entering Malaysia, they must have a certificate that shows they are Covid-19 free and have no symptoms. They must show us a ‘fit to travel’ certificate. Singapore must issue such a certificate to its citizens.”
Sold for: RM1.3 million (RM1,245psf); Concluded by: Carmen Lee (REN 12639) (012-207 3989) of Reapfield Properties (HQ) Sdn Bhd; When: May 2020
He is suing bank for negligence
The portfolio had been sold progressively with the final disposal successfully taking place earlier this month, notwithstanding the recent market disruptions arising from the COVID-19 pandemic.
The proposed acquisition will mark Sunway REIT’s 10th property addition to its asset portfolio since its listing on the Main Market of Bursa Malaysia Securities Bhd in July 2010, and raise the REIT’s property value to RM8.5 billion.
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