Londoners are looking at leaving the city after the lockdown due to the Covid-19 pandemic and tax break has also caused the sharp increase in property sales activities in the UK.

Shahrol had previously claimed, during his testimony in October last year, that he was removed from 1MDB as CEO after voicing concerns over the unreasonably rushed financial transactions of the company involving up to billions of ringgit.

No new deaths were reported today, resulting in the death toll from the pandemic in Malaysia remaining at 125 cases or a fatality rate of 1.36%.

Ministry of Health director-general (D-G) Datuk Noor Hisham Abdullah said as a result of today’s new cases, positive cases from the Tawar cluster now stand at 33 cases.

23 of the new cases were locally transmitted while three were imported.

“It contains some inconsistencies — at least the part related to the duration of the moratorium in relation to landlords and tenants of any premises, be it malls or dwellings”.

Retail and hospitality REITs “have suffered from the impact of the Covid-19” especially when the Movement Control Order (MCO) was enforced from March 18 to May 4.

Magna Prima official: “We are managing our day-to-day operations as a property developer and servicing our debt. We do not expect any other company [in the group] to go under receivership at this point of time.”

Group managing director Tan Sri Lim Hock San: “We have always known that social media can be very powerful. So, when Covid-19 happened, our digital platforms were ready…”

Harbour City is a marine-themed development located on the reclaimed island of Pulau Melaka. It will have a water theme park together with a mall and three hotel blocks.