News about Malaysia

KUALA LUMPUR (Oct 27): Five months have passed and the Armed Forces Fund Board (LTAT) is still making up its mind on the privatisation of its debt-laden flagship group, Boustead Holdings Bhd, since the army fund first expressed consideration for the corporate exercise.

KUALA LUMPUR (Oct 26): The Malaysian Bar has hailed the Yang di-Pertuan Agong’s decision not to proclaim an emergency.

KUALA LUMPUR (Oct 22): A teaching intern at St Joseph's Institution International School Malaysia (SJIIM) (pictured) in Tropicana Indah, Petaling Jaya has tested positive for Covid-19.

KUALA LUMPUR (Oct 22): Ekovest Bhd has secured more time to consider a proposal to acquire a 40% stake in IWH-CREC Sdn Bhd, the main player in the Bandar Malaysia development.

KUALA LUMPUR (Oct 21): The Miami-Dade Board of County Commissioners in the US state of Florida has approved an interim contract of up to US$14 million (about RM58.

PETALING JAYA (Oct 19): Malaysian real estate industry expects a strong market rebound  in 2022 after prolonged sluggish growth in 2020 and 2021,  according to Juwai IQI’s research.

KUALA LUMPUR (Oct 17): The latest two-week Conditional Movement Control Order (CMCO) could cause retailers to lose “a whopping” RM3.

KUALA LUMPUR (Oct 16): Taiwan Stock Exchange-listed Wistron Corp, a global leader in state-of-the-art design, manufacturing, services and systems for information and communications products, is expected to ink a deal soon with Western Digital (Malaysia) Sdn Bhd to purchase the latter’s factory located in Sungei Way Free Trade Industrial Zone, Petaling Jaya.

KUALA LUMPUR (Oct 15): Telekom Malaysia Bhd has confirmed that 10 more of its employees have contracted Covid-19 since its previous announcement on Oct 11, bringing the total confirmed cases among its employees to 13 so far.

Huh, yet another property award!?  When I told some developer and property-industry friends that EdgeProp Malaysia's Best Managed and Sustainable Property Awards 2021 is now open for submissions, a few rolled their eyes momentarily.