News about US

Below is a letter addressed to Minister of Housing and Local Government Nga Kor Ming which has been reproduced without edits.

In a filing with the stock exchange, the group said the bonus shares will be issued as fully paid, at no consideration and without capitalisation of the group’s reserves.

With the introduction of the single family office scheme, coordinated by the Securities Commission Malaysia, Prime Minister Datuk Seri Anwar Ibrahim hopes to attract regional and Malaysian families to manage their family wealth from Malaysia.

With the launch of the NSRF, Malaysia joins more than 20 jurisdictions around the world, representing a collective global gross domestic product (GDP) of 55%, which have adopted or are moving towards implementing IFRS S1 and S2 standards, pertaining to sustainability and climate-related financial disclosures.

There is a need to consider the relocation of regulations with regard to building manager and building management from the MOF to KPKT; so as to restore a balanced property industry ecosystem, where each individual stakeholder strives to look for ways to collaborate and leverage the power as a whole, in such a way to create a constantly evolving relationship not only to survive but to thrive.

To attract international capital to Forest City, the government is offering a concessionary corporate tax rate of between 0% and 5%, and a personal income tax rate of 15% for knowledge workers and Malaysians who choose to work there, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

An initial quota of 150MW for NEM Rakyat was fully taken up in November 2023, alongside the initial 800MW for commercial and industrial segment dubbed NEM Nova.

President Datuk Ir Ho Hon Sang: “Due to its age, a rundown building is not aesthetically a representation that we want in our major cities.

Urban regeneration should increase social value, boost economic growth, and improve infrastructure, within the context of a city’s cultural landscape.

IOI Properties group chief operating officer Teh Chin Guan: "With three industrial parks, including one under planning, in industrial growth areas such as Johor, Selangor and Melaka, I am confident that the launch of the IOI Industrial Park series readily positions the group as one of the premiere industrial developers in the country.