What do the RM50 billion debts incurred by Pembinaan PFI Sdn Bhd, the RM100 million post retirement “gift” to former prime minister Datuk Seri Najib Razak and the RM2 billion land purchase by Bank Negara Malaysia (BNM) in 2017 all have in common? All these cases involved transactions of land owned by the Federal Government of Malaysia.
Noteworthy:
When: July 2022
Former Malaysian Bar president Datuk Ambiga Sreenevasan and seven other residents in the capital filed a letter of demand (LOD) two days ago against Kuala Lumpur City Hall (DBKL) to gain information on flood mitigation plan updates after the auditor general (AG) highlighted several failures last month.
The consideration was paid in cash with an initial deposit of 10%, followed by by the balance upon the completion of the transaction.
The loan tenure is “spread up to 30 years or until 70 years of age with no lock-in period or early settlement fee required”.
These properties have a total gross floor area of 256,828 sq ft and are located in AME Elite’s industrial parks.
The Penang government believes that the 4,500-acre (1,821-hectare) PSI project is critical to the creation of a sustainable manufacturing hub.
The addition of the stores will see the group having a total of 23 stores in its portfolio by end October.
Iconic said it has entered into a share purchase agreement to acquire 200,000 ordinary shares representing 100% equity interest in Goldenluck, which will be entirely satisfied via cash.
The first transaction involved 1.06 million shares.
The only property app you need. More than 200,000
sale/rent listings and daily property news.
