High Court directs Najib, Riza Aziz to file affidavit in reply by Feb 11 on 1MDB forfeiture
The High Court has set March 26, 2021 to hear the prosecution’s application to forfeit items in a raid on Najib’s residences in 2018.
Latest
Avenue K JMB, K Residence get to set aside order that declared JMB resolutions void
This follows the building having been sold from its original developer KL Landmark Sdn Bhd to City Properties Sdn Bhd, which is now the proprietor of the building.
Bintai Kinden diversifies into property business, less than six months after vaccine venture
... to reduce its “reliance solely on the mechanical and electrical (M&E) engineering business”.
Covid-19: Another 16 new clusters detected by MOH
According to MOH, there are 327 active clusters in the country currently
Genting Malaysia announces temporary closure of resorts following MCO expansion
The gaming giant also announced that its Resorts World Birmingham, alongside all land-based casinos in the UK, will be temporarily closed until further notice, in compliance with the British government directives to curb the spread of Covid-19.
Covid-19: Malaysia reports 3,170 new cases and another 12 deaths
Meanwhile, 2,490 more patients have recovered and were discharged in the last 24 hours, raising total recoveries to 130,152 or 75.4% of overall infections. But as recoveries continue to lag new infections, active cases that carry transmission risks reached another new high of 41,755.
UOA REIT 4Q net rental income falls 11% on tenant rental rebates
UOA REIT declared a DPU of 4.6 sen, compared with 2.3 sen a year ago.
Covid-19: Singapore wants cargo drivers entering city state via Tuas, Woodlands checkpoints tested
Singapore’s Ministry of Trade and Industry said that starting from 9am tomorrow, Covid-19 antigen rapid testing “will be progressively rolled” out at the two checkpoints for cargo drivers and accompanying personnel entering the republic.
Axis REIT says 4Q net income up 8.31%, declares DPU of 2.25 sen
As for revenue, the commercial property REIT — which has offices, warehousing and manufacturing facilities under its portfolio — reported a 3.94% increase to RM224.94 million from RM216.41 million a year prior.
DONE DEAL: Serviced apartment unit, St Mary Residences, Kuala Lumpur
Noteworthy:
● Built-up: 1,131 sq ft
● Freehold
● Fully-furnished low floor unit with interior design
● One bedroom; two bathrooms
● Facilities: Swimming pool and wading pool, clubhouse, gym, Jacuzzi, children's playground and 24-hour security service
● Amenities: Shopping malls, restaurants, schools, medical centres, KLCC Park and public transportation such as monorail, MRT, LRT and free bus
● Easily accessible through Jalan Raja Chulan and Jalan Sultan Ismail, Jalan Tun Razak and Ampang-Kuala Lumpur Elevated Highway (AKLEH)
When: November 2020
