PPR residents glad that dilapidated sports courts will be revitalised
PETALING JAYA (July 19): Residents of three public housing schemes under the EdgeProp.
Close to 16,000 PPR residents to benefit from Sayangi RumahKu campaign
PETALING JAYA (July 19): Residents of public housing schemes in PPR Lembah Subang 1, PPR Seri Cempaka and Perumahan Awam Seri Kedah in the Klang Valley will soon see the sports courts in their communities undergo a makeover under a private initiative under the EdgeProp.
Property management: Ask the experts — Expenses and renovations
Q: Does a unit holder (a resident of a condominium) have the right to view the accounts and the invoices of expenses incurred for the property anytime or can the unit holder only see the audited accounts during the AGM? Paragraph 7(6)(b) Second Schedule of the Strata Management Act 2013 states that a purchaser/proprietor may make a request to the Management Committee to inspect the books of accounts at a fee not exceeding RM50 for each inspection.
MAHB says Syarikat Pembinaan Anggerik raised claim to RM66.83m
KUALA LUMPUR (July 16): Malaysia Airports Holdings Bhd (MAHB) said Syarikat Pembinaan Anggerik Sdn Bhd has raised its claim over alleged losses pertaining to development and upgrading works at the Penang International Airport to RM66.
YR1M CEO: Najib's private secretary told me to get Ihsan Perdana to move RM42m into Najib's accounts
KUALA LUMPUR (July 16): Former Yayasan Rakyat 1Malaysia (YR1M) chief executive officer Ung Su Ling told the High Court here today that the instructions to transfer RM27 million and RM5 million on December 26, 2014 and RM10 million on February 10, 2015 into Datuk Seri Najib Razak's accounts at AmBank came from his late private secretary Datuk Seri Azlin Alias.
Weststar says it has not made any offer for Malaysia Airlines
KUALA LUMPUR (July 15): The Weststar Group has not made any bid for Malaysia Airlines Bhd by itself or with a partner, a company official said.
Pahamin’s Najah Air said to be seeking RM1b in first funding for Malaysia Airlines
KUALA LUMPUR: Najah Air Sdn Bhd, a group of businessmen led by AirAsia Group Bhd co-founder and former chairman Datuk Pahamin Ab Rajab, is said to be seeking about RM1 billion from a Japanese lender to support its takeover bid for Malaysia Airlines Bhd.
Tourism tax unfair because short stay platforms exempted, says hoteliers
PETALING JAYA (July 12): The tourism tax is deemed a lopsided system because it is borne only by established hotels but not short stay platforms like Airbnb, said the Malaysian Association of Hotel Owners (MAHO) president Tan Sri Teo Chiang Hong.
Property Management: Ask the experts — Seeking remedies
Q: The flooring of the pool deck at our condominium is too slippery.
Guan Eng: EPF, Khazanah oppose PLUS acquisition by Maju
KUALA LUMPUR (July 11): The Ministry of Finance (MoF) has made a preliminary decision to oppose the takeover of highway operator PLUS Malaysia Bhd by Maju Holdings Sdn Bhd after considering the views from PLUS' major shareholders Khazanah Nasional Bhd and the Employees Provident Fund (EPF).
