‘Duta enclave’ land dispute: Govt valuer says she relied on DBKL info on zoning, not ‘hope value’ of land Taking the stand as part of court proceedings on assessing "mesne profits" that is to be paid out to Semantan Estate Sdn Bhd, Nurzahirah Umar said that zoning was one of nine factors she considered when determining the market value of the 263.27 acres of...
July 11, 2025
BNM governor says OPR cut pre-emptively to preserve steady growth path Bernama July 11, 2025 | Updated 13 hours ago Bank Negara Malaysia (BNM) governor Datuk Seri Abdul Rasheed Ghaffour: The MPC is not on any pre-set course. Future policy decisions will continue to be guided by the evolving outlook for domestic growth and inflation. KUALA LUMPUR (July 9): Following is the...
Avaland buys 3.2-acre KL land from Tan Chong for RM148m This marks the second land acquisition involving Avaland and Tan Chong Group this month. KUALA LUMPUR (July 10): Avaland Bhd (KL:AVALAND) has signed a deal to acquire a 3.194-acre parcel of land on Jalan Putra here from a unit of Tan Chong Motor Holdings Bhd (KL:TCHONG) for RM148.8 million, which it plans to develop...
NexG acquires Petaling Jaya property for RM28.5 mil to boost production capacity The property includes a two-storey factory, a three-storey office block, a two-storey warehouse, and a guardhouse, situated on approximately 6,182 sq m of land. KUALA LUMPUR (July 10): NexG Bhd (KL:NEXG), formerly known as Datasonic Group Bhd, is buying an industrial property in Petaling...
Ho Hup unit gets winding-up petition from IRB over RM24 mil tax arrears Ho Hup slipped into Practice Note 17 (PN17) status in April after BJD defaulted on RM112.69 million in loan facilities, for which Ho Hup is the guarantor. KUALA LUMPUR (July 10): Ho Hup Construction Company Bhd (KL:HOHUP) has been served with a winding-up petition by the Inland Revenue Board (IRB) over...