South Malaysia Industries gets takeover offer at 45 sen per share
However, the offerors led by Leong intend to maintain the listing status of SMI on the Main Market of Bursa Malaysia.
However, the offerors led by Leong intend to maintain the listing status of SMI on the Main Market of Bursa Malaysia.
The National House Buyers Association (HBA) has time and again highlighted the ramifications and repercussions that will affect the house owners’ rights and interests, should the URA be enacted without 100% consent from all homeowners.
Zamirzan also said that the URA will consider redevelopments for sick and abandoned projects, where homebuyers only have the sale and purchase agreements but not their strata titles.
The effectiveness of voicing your feedback, opinion or objection to proposed projects in your area can vary depending on a range of factors such as the specific context, level of community engagement and the nature of development, as well as the degree of responsiveness of key decision makers.
The main crux of the concerns centres around the issue of the “consent threshold” to be gathered from property owners before a development is redeveloped under the new law.
As the current KPKT Minister Nga Kor Ming considers the draft of the proposals, amendments and additions to the HDA and HDR, and Scheduled Sale and Purchase Agreements and Directions handed down by the two preceding ministers, we hope he has been competently and adequately briefed.
DONE DEAL: Semidee house, Taman Taming Indah, Selangor DONE DEAL: Semidee factory, Semenyih, Selangor Commercial real estate remains the sector with the highest average transaction prices at RM1.
In a way, HBA is glad that KPKT is taking the lead to build more Social Housing in the form of these PRR units.
It is important for homebuyers to be smart and aware of those unprofessional and unqualified BIs in the industry.
It is clear under Act 118 that the liquidator can play an important role.