“We have always wanted to improve and increase the portfolio size to RM5 billion. But, of course, when we want to add properties, we want to add good-quality assets, not simply buy any properties.”
The group, however, does not have a presence in the city of Wuhan, where the outbreak originated.
The report quoted Zuraida saying the Attorney-General’s Chambers will suspend the Advertising Permit and Developer’s Licence (APDL).
Khalid said preliminary reports point to structural failures but further studies were required.
“It will take DOSH about a month to determine the cause of the collapse,” Housing and Local Government Minister Zuraida Kamaruddin explained.
It was reported that the sixth floor of the condominium that was being built collapsed earlier in the afternoon, trapping the workers.
The price of both RON97 and RON95 will go up by two sen from RM2.34 per litre to RM2.36 per litre, and from RM2.04 per litre to RM2.06 per litre respectively between Saturday and Feb 21.
Kuala Lumpur Fire and Rescue Department announced in a statement that two persons were found trapped underneath the rubble, with one having been rescued.
NewIdeaFood said the chain is looking at ways to downsize despite after having a general floorplan redesign which moved all Kmart’s registers to the centre while DVDs and Blu-Rays were removed.
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