Tropicana Corp Bhd’s executive vice chairman and major shareholder Tan Sri Danny Tan Chee Sing has emerged as Ipoh-based transport terminal and bus operator Perak Transit Bhd’s substantial shareholder after buying 17.39 million shares in the company.
UEM Sunrise Bhd returned to the black for the year ended Dec 31, 2022 (FY2022) after two years of losses, helped by a similar turnaround in the final quarter.
National housing issues were shared with external parties only with the intention of coming up with more comprehensive and practical policies and actions for the country, said Local Government Development Minister Nga Kor Ming.
Three house renovations in Residensi Merbok here were ordered to stop work due to various offences including engaging the services of unlicensed foreign contractors and workers.
Penang is more than halfway through its target of providing 250,000 units of ‘Rumah Mampu Milik' (RMM) affordable homes by 2030, with 142,647 units (57.06%) already up.
Noteworthy:
When: September 2022
The government is working on a comprehensive short-term rental accommodation (STRA) guide that will be adopted by all local governments in Malaysia, said Local Government Development Minister Nga Kor Ming
The Real Estate and Housing Developers’ Association Malaysia (Rehda) is hopeful that the property industry will continue to flourish and the government to look into the matter of homeownership and affordability.
Inflation and a higher cost of doing business are likely to push property prices up by double-digit this year, Rehda president Datuk NK Tong has cautioned.
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