Synergy Promenade mulls legal action against FELDA
Issues include land transfer troubles and FELDA's changes to the plans for the Kuala Lumpur Vertical City project.
Staying in a house in Penang? Separate your garbage or be punished
Owners of landed homes who do not comply with waste separation rules will be fined RM250 per offence, and if they refuse to pay the compounds they can be hauled to court and fined up to RM2,000 or be jailed for one year.
Widow, children get to intervene in mum's claim to Jamaluddin’s RM2.1b estate — report
Kalsom and her children, aged between 23 and 33, had filed their faraid (Islamic wealth distribution) claim in 2016, but allegedly without Aminah's knowledge.
CCM to see RM1.1m gain from disposal of Labu land
Previously on Sept 7, CCM announced that it had entered into a sale and purchase agreement with Rock Link Sdn Bhd for the proposed disposal.
Public forum to be held on Penang highway project
“The Penang government hereby commits to respond to all issues raised and these responses shall be forwarded to the Department of Environment."
DBKL task force investigates 97 suspicious land transactions
Out of the 97 transactions, 19 were recommended to be cancelled.
Delayed Kota Kemuning road upgrade to begin soon
The work, which should have been completed in September of this year, was delayed due to underground cables from various utility companies that needed to be relocated first, which were discovered by MBSA.
Expert: Penang LRT would lose RM1.2 billion
Teoh estimated that even if the ridership reached 10 million passengers per year — a stretch since the island’s population was 700,000 — the project would result in losses from the beginning.
REITs expected to be active in greenfield, brownfield projects
Our top pick for the sector is Sunway REIT (Buy; TP: RM1.93) due to its positive earnings outlook. We believe its retail division will continue to spur earnings growth going forward while the office segment may rebound from its previous low.
