News about court

PETALING JAYA (March 29): The launch of the online property auction platform e-Lelong for court auctions which was initially scheduled for today, has been postponed.

KUALA LUMPUR (March 29): Anzo Holdings Bhd said it is not aware of any corporate development that could have contributed to the recent sharp rise in the company’s share price.

KUALA LUMPUR (March 23): The High Court has on Feb 24 affirmed the decision made by the Strata Management Tribunal in April 2016 that resolutions related to the recent refurbishment of The Summit Subang USJ in Subang, Selangor were not properly passed.

KUALA LUMPUR (March 23): Anzo Holdings Bhd’s wholly-owned construction arm, Harvest Court Construction Sdn Bhd, had received a letter of intent from Tinta Anggun Engineering Sdn Bhd for a RM109.

SINGAPORE (March 21): Perennial Real Estate Holdings announced that it has filed appeals on Monday over the High Court's decision earlier this month to dismiss the winding-up applications for three joint entities that holds the assets of Capitol Singapore.

PETALING JAYA (March 20): The online property auction platform e-Lelong for court auctions will be officially launched before the month is out.

KUALA LUMPUR (Feb 22): The Real Estate & Housing Developers’ Association Youth section (Rehda Youth) organised a study tour of two healthcare-related property projects on Feb 17.

KUALA LUMPUR (Jan 6): Talam Transform Bhd is selling its 85% stake in a Chinese unit that owns part of a defunct hotel in Jilin, China for RMB84.

AFTER a two-year drought with zero sales in 2014 and the lone en bloc deal of Thong Sia Building last year, the recent three deals topping S$1 billion foreshadow an awakening of the collective sale market.

The proposed implementation of eLelong by the Chief Registrar’s Office of the Federal Court of Malaysia (CRO) is aimed at mitigating issues surrounding the property auction process, particularly when it comes to syndicates.