Malaysia reports 22,597 new Covid-19 infections on Aug 28, with 252 deaths
Active cases climb to 268,548
Prolonged Covid-19 pandemic: Risk of abandoned projects rises
Property and legal experts said that that there could be potentially “millions, if not billions, of ringgit worth of projects being abandoned once the movement restrictions or bank loan moratorium is over”.
61.1% of Malaysia's adult population fully inoculated as of Aug 27
In total population terms, 58.5% in Malaysia had had at least one dose, while 43.8% were fully inoculated
Kerjaya Prospek Property buys land from Asia Pac Holdings for RM42m cash
The group via its wholly-owned subsidiary Greencove Sdn Bhd has entered into a sale and purchase agreement with Prousaha (M) Sdn Bhd, a wholly-owned unit of Asia Pac Holdings Bhd, to acquire the land with a temporary building erected thereon
Covid-19: Malaysia reports 22,070 daily cases on Aug 27 with 339 more deaths
Including 99 brought-in-dead cases
Paramount appoints new chairman and deputy group CEO
Quah Chek Tin as an Independent Non-Executive Director and as Chairman of the Board with effect from Sept 1, 2021.
Benjamin Teo Jong Hian as Deputy Group Chief Executive Officer with effect from Sept 1, 2021.
Paramount's property division achieves PBT of RM20.6 million for 2Q2021
The top three revenue contributors were Bukit Banyan in Kedah, ATWATER in Selangor and Utropolis Batu Kawan in Penang
MIEA foresees focus on landed residential unit transactions in 2H21
MIEA plans to engage further with stakeholders to stimulate the market
OSK 2Q profit climbs 73% to RM103.61m, declares one sen dividend
OSK's property segment recorded RM173.5 million revenue compared with RM97.4 million in 2QFY20, contributed by the ongoing projects such as Ryan & Miho, YouCity III, Iringan Bayu and Bandar Puteri Jaya and cost savings on completed projects
Najib’s application to quash RM1.69b IRB bankruptcy claim set for Dec 7
Earlier this year, the IRB sent a bankruptcy notice to Najib for failing to pay tax arrears in the region of RM1.69 billion
