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REHDA: i-Miliki exemptions should be provided to all Malaysians, not just first-time homeowners

With i-Miliki, an initiative under Putrajaya’s Home Ownership Programme 2022/2023 or HOPE, first-time purchasers of homes priced RM500,000 and below will be fully exempted from paying the stamp duties on the Memorandum of Transfer (MOT) and loan agreement, while first-time purchasers of residential units priced above RM500,000 up to RM1 million will receive 75% remittance on the two stamp duties.

RHB IB upgrades construction sector to 'overweight'

RHB Investment Bank (RHB IB) has upgraded the construction sector to 'overweight' from 'neutral' mainly due to its upgrade on Gamuda Bhd, which accounts for 36.5% weightage on the KL Construction Index.

MBSB to acquire MIDF via RM1.01 bil share deal

Malaysia Building Society Bhd (MBSB) will acquire the entire equity interest in Malaysian Industrial Development Finance (MIDF) from Permodalan Nasional Bhd (PNB) via a RM1.01 billion share deal.