Maintenance Fees: The Hard Truth - JMBs And MCs Lack Expertise, Residents Neglect Responsibility

By Abdul Hamid A Rahman

This is the conclusion of a three-part series on maintenance fee collection in strata properties. It examines enforcement challenges under the Strata Management Act 2013 (Act 757), the role of JMBs and MCs and the responsibilities of owners and tenants. 

Firms Struggle To Meet ESG Standards Due To Capability, Capacity, And Investment Barriers

KUALA LUMPUR, Feb 28 (Bernama) -- Malaysian firms face hurdles in meeting environmental, sustainable and governance (ESG) standards due to capability, capacity, and investment challenges, an expert said.

In-depth Study To Be Conducted To Consider Feasibility Of Detailed Reporting Of Insurance Policy Profit And Loss

KUALA LUMPUR, Feb 26 (Bernama) -- A more in-depth study will be conducted to consider the feasibility of detailed reporting on the profit and loss of each medical insurance policy, said Deputy Finance Minister Lim Hui Ying.

Malaysia Through ASEAN Chairmanship Will Advocate For Deeper Collaboration In Green, Sustainable Investment Frameworks - DPM Fadillah

KUALA LUMPUR, Feb 25 (Bernama) -- Malaysia is committed to positioning ASEAN as a global leader in sustainable finance and will advocate for deeper collaboration in green financing, regional energy connectivity, and the expansion of sustainable investment frameworks.

Sime Darby Expects Tough Competition In Motors Division This Year

PETALING JAYA, Feb 24 (Bernama) -- Sime Darby Bhd expects tough competition in its motors division this year due to an over supply of vehicles from China, according to group chief executive officer Datuk Jeffri Salim Davidson. 

Capital A To Issue Internal Targets Alongside Quarterly Results

KUALA LUMPUR, Feb 24 (Bernama) -- Capital A Bhd will issue internal targets along with its quarterly financial results in order to give shareholders and the investment community a clearer understanding of the company’s financial outlook.

SC Partners ICAEW To Enhance Expertise In Sustainability Disclosures

KUALA LUMPUR, Feb 19 (Bernama) -- The Securities Commission Malaysia (SC) has initiated a collaboration with the Institute of Chartered Accountants in England and Wales (ICAEW) through a letter of intent (LoI) to work together in specific areas.

Bursa Malaysia Reprimands Waja Konsortium, Fines Two Directors RM100,000 Each

KUALA LUMPUR, Feb 14 (Bernama) -- Bursa Malaysia Securities Bhd has publicly reprimanded Waja Konsortium Bhd and two of its director, Peh Lian Hwa and Peh Jia Yau, as well as imposed a fine of RM100,000 on each director.

Malaysia's Official Reserve Assets At US$116.22 Bln As At End-December 2024 - BNM

KUALA LUMPUR, Jan 31 (Bernama) -- Malaysia’s official reserve assets amounted to US$116.22 billion, while other foreign currency assets stood at US$4.50 million as at end-December 2024, said Bank Negara Malaysia (BNM). 

EPF: Temporary Closure Of Bintulu Office Due To Floods

KUALA LUMPUR, Jan 30 (Bernama) -- The Employees Provident Fund (EPF) is temporarily closing its Bintulu office starting today until further notice following power shutdown in the building as a safety precaution due to rising floodwaters in the area.

SC Monitoring Compliance With Take-Over And Merger Rules To Safeguard Market Integrity

KUALA LUMPUR, Jan 23 (Bernama) -- The Securities Commission Malaysia (SC) is closely monitoring compliance with the Malaysian Code on Take-overs and Mergers (Code) and the Rules on Take-overs, Mergers, and Compulsory Acquisitions (Rules) to safeguard market integrity.

SC Releases Guide For Assist Boards Drive Sustainability Reporting

KUALA LUMPUR, Jan 20 (Bernama) -- The Securities Commission Malaysia (SC) has released ‘Navigating the Transition: A Guide for Boards’ (Board Guide), a simplified reference designed to help company boards adopt the National Sustainability Reporting Framework (NSRF).