Victims of runaway developers face double woes from exploitative liquidators

When a developer is wound up before completion of its duties and contractual obligations, a liquidator fills the void and takes on the duties of the former, such as completing the construction of the buildings or facilities left by the defunct developer, delivering vacant possession or applying for individual or strata titles, so as not to leave the purchasers in a lurch.

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EPF subsidiary Kwasa Land appoints Adenan Md Yusof as MD

KUALA LUMPUR (April 30): The Employees Provident Fund's (EPF) wholly-owned subsidiary Kwasa Land Sdn Bhd has appointed Adenan Md Yusof as managing director (MD) effective Monday (May 3, 2021) to contribute towards the development of the EPF's estimated 920ha (about 2,300 acres) Kwasa Damansara township in Selangor.

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