news

Aspen Group reaches settlement of RM56.4m tax with IRB

Aspen said in a statement filed with the Singapore Exchange (SGX) on Wednesday that out of the total tax liability, RM19.63 million was paid to the IRB upon signing of the agreements. This resulted in a balance of tax payable of RM36.77 million, which will be settled via instalment payment over six years, it said.

READ MORE
news

79 abandoned housing projects currently, says Reezal Merican

Of the total, 65 projects were halted due to the companies’ weak balance sheets, Housing and Local Government Minister Datuk Seri Reezal Merican Naina Merican said. Other causes included failure to comply with standards and weak project management, while some developers cannot be located.

READ MORE