News by M

The Malaysian Anti-Corruption Commission (MACC) will apply to forfeit the 60-storey Ilham Tower, worth about a billion ringgit, owned by the late Tun Daim Zainuddin’s family, a report says.

The Immigration Department busted a homestay racket run by foreigners in a special operation carried out around Jalan Ipoh and Jalan Sultan Ismail here on Tuesday.

Sarawak holds great potential to attract more Japanese nationals to participate in the Sarawak Malaysia My Second Home (SMM2H) programme, following a rise in the number of tourists from the Land of the Rising Sun visiting the state.

The Penang state government will offer a 5% discount to Indian Muslims for the purchase of residential and commercial units under the newly introduced MADANI Homeownership Campaign (MOC), part of the MADANI Inclusive Property Sector Catalyst Policy.

Pavilion Real Estate Investment Trust (KL:PAVREIT) raised about RM360 million from a private placement of shares priced at RM1.40 per unit.

UEM Sunrise Bhd garnered strong response during the first day of its sales preview of Allegro, a premium freehold landed development within the Symphony Hills township, in Cyberjaya.

Finance Minister II Datuk Seri Amir Hamzah Azizan has been tasked with taking further action following the announcement by Singaporean authorities regarding the acquisition of two plots of land owned by the Malaysian government in Woodlands.

Toh Puan Na'imah Khalid, widow of the late former finance minister Tun Daim Zainuddin, will immediately challenge the Malaysian Anti-Corruption Commission’s (MACC) second seizure of Ilham Tower in court, said her lawyers.

Econpile Holdings Bhd (KL:ECONBHD) has secured a RM42.82 million subcontract to undertake piling works for the Mutiara Line light rail transit (LRT) project in Penang.

The High Court has fixed next Monday (June 9) to deliver its decision on whether to grant leave (permission) to the former operator of KL Tower to initiate proceedings against eight individuals and entities, including the government, for committal.