News by M

Sold for: RM740,000 (RM449.60 psf based on land area); Concluded by: Wennie Liew (REN 16099) (012-233 3013) of IQI Realty Sdn Bhd; When: September 2019

This was as a result of travel restrictions imposed from the Covid-19 outbreak and Movement Control Order (MCO) enforced by the government, said the group, which comprises KLCC Property Holdings Bhd and KLCC Real Estate Investment Trust (KLCC REIT).

Meanwhile, 83 patients were discharged today, bringing total recoveries in the country to 4,567.

“However, there is an administrative restriction there. Maybe we control it with barbed wires and such but we have not declared those areas as EMCO.”

“We understand that in working under the new normal, a lot of challenges will be encountered. Your patience and tolerance will be needed to weather this storm.”

Several state governments have issued their own orders. The effect is to prohibit certain activities that have been allowed under federal regulations (No 5).

In Penang, the state government and chief minister Chow Kon Yeow said they are “ready to be sued for protecting the lives of Penangites from Covid-19”.

In a statement, the central bank’s Monetary Policy Committee (MPC) said the ceiling and floor rates for the OPR have thus been reduced to 2.25% and 1.75% respectively.

There were 421 active cases in the capital city, the highest in Malaysia compared with Selangor (231), Sarawak (205) and Johor (183).

“The investigation is still at an early stage. We opened the file as soon as we received information on the contract, as well as through questions which were raised on social media.”