President Datuk Soam Heng Choon: Getting the government to buy over the unsold units is a good exercise but one needs to be careful as well as it involves the taxpayers’ money

On May 31, 2021, the Ministry of Finance announced a seven-month extension for the HOC to Dec 31, 2021 under the government initiatives – PEMERKASA+ Stimulus Package

Real Estate and Housing Developers’ Association Malaysia (REHDA) president Datuk Soam Heng Choon: We need to give them some time to build up the stock and balance the demand and supply to see the price normalised. We are not too concerned about this

President Datuk Soam Heng Choon: We went into a lockdown from June 2021 to the end of August/September, and sales activities could only started opening up in September and October -- they can see that 2H2021 is almost a washout

The prosecution led by senior Deputy Public Prosecutor Datuk Seri Gopal Sri Ram had made the application, with the defence led by Datuk Akberdin Abdul Kader and Datuk Jagjit Singh objecting as the court heard submissions on the matter

In a unanimous decision on Thursday morning, a three-judge bench led by Datuk Azizah Nawawi agreed with Datuk Seri Najib Tun Razak and Datuk Mohd Nazifuddin’s contention that there were special circumstances which warrant the interim stay of execution.

Melaka Fire and Rescue Department director Asst Comm Abu Bakar Katain said 46-year-old Mohd Diya Che Jusoh, passed away at 3.11am this morning (Oct 21).

In a statement to Bursa Malaysia on Thursday (Oct 21), IGB Bhd said VSB and Tower Ray Ltd (TRL), which each owned a 50% stake in BPL prior to the sale, on Wednesday (Oct 20) entered into the sale and purchase agreement with HNG and VSB’s holding company IGB Corp Bhd to sell VSB and TRL’s stakes in BPL to HNG for a collective £208.75 million

A spokesperson from Kuala Lumpur City Hall confirmed that a burst pipe at a construction site could bet the cause of the incident.

In its Malaysia 2022 Consumer Outlook report released on Wednesday (Oct 20), Fitch said spending will follow the wider economic recovery as higher vaccination rates over the first half of 2022 (1H22) allow for more localities to lift restrictions that have hampered retail sales