The Act, which is intended to protect both landlords and tenants in the event of any dispute that arises during a tenancy period, was first announced by the Ministry this April.
IWH-CREC is Bandar Malaysia's master developer, and owns 60% of the project, with the remaining stake held by the Ministry of Finance.
“In the event the value of the assets depreciates further, then the losses for the government will be higher than RM10.3 billion.”
In a statement today, the department said sales value of the wholesale trade and motor vehicle sub-sectors rose 4.7% and 4.4% respectively.
In a statement, Prasarana said the former chief judge of Malaya will be filling in the post vacated by Tan Sri Khalid Abu Bakar following the latter's resignation on Aug 17 last year.
Downplaying past competition between both national carriers, Goh said the deal would benefit the airlines and that they are "very comfortable" with the arrangement.
SC Estate Builder has entered into an MoU with Dekad Aliran for a proposed collaboration in the solar power business under an engineering, procurement, construction and commissioning structure.
The ministry, through its Department of Labour of Peninsular Malaysia (JTKSM), has told the companies to pay the September and October salaries of all employees who are still in service until Oct 30, it said in a statement yesterday.
The proposed acquisition is expected to boost its order book, which now stands at RM910 million, to RM1.8 billion on completion of the buy, Widad Group said in a statement.
In the Budget 2020 announcement last Friday (Oct 11), Finance Minister Lim Guan Eng said the Cabinet has approved the takeover four Klang Valley highways, which will be funded via government-guaranteed borrowings.
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