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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.
KUALA LUMPUR, Feb 24 (Bernama) -- Radium Development Bhd’s wholly owned indirect subsidiary, Radium J Velodrome Sdn Bhd (RVSB), has proposed to acquire a mixed-use land parcel and two commercial land parcels for RM458 million.
KUALA LUMPUR, Feb 18 (Bernama) -- Eco World Development Group Bhd’s shares on Bursa Malaysia rose in early trade after disposing of its 56.06 hectares of freehold land in Iskandar Malaysia, Johor, to Microsoft Payments (Malaysia) Sdn Bhd for RM693.96 million.
KUALA LUMPUR, Feb 17 (Bernama) -- EcoWorld Malaysia’s unit, Eco Business Park 1 Sdn Bhd, has disposed of 56.06 hectares (ha) of freehold land in Eco Business Park I in Iskandar Malaysia, Johor, to Microsoft Payments (Malaysia) Sdn Bhd for RM693.96 million.
KUALA LUMPUR, Feb 13 (Bernama) -- CIMB Securities Sdn Bhd forecasts the Malaysian Pacific Industries Bhd (MPI) to issue a potential special dividend, given its strong net cash position of RM991 million as of September 2024.
KUALA LUMPUR, Feb 12 (Bernama) -- Capital A Bhd’s aviation arm, AirAsia Aviation Group (AirAsia), carried 63.18 million passengers in the financial year ended Dec 31, 2024 (FY2024) with a load factor of 89 per cent, lifted by robust demand and strategic capacity growth.
KUALA LUMPUR, Feb 7 (Bernama) – Malaysian Resources Corporation Bhd’s 2025 order book is anticipated to expand by RM4 billion to RM5 billion due to delayed project spillover such as the Kuala Lumpur Sentral redevelopment, LRT3 variation orders, and the Shah Alam Stadium redevelopment.
KUALA LUMPUR, Dec 20 (Bernama) -- MIDF Amanah Investment Bank Bhd remained upbeat on the prospect for real estate development company Mah Sing Group Bhd, driven by its growing exposure to the booming Johor property market.
KUALA LUMPUR, Dec 6 (Bernama) -- OSK Holdings Bhd's indirect subsidiary OSK Amanjaya Sdn Bhd, has entered into a sale and purchase agreement with Central Kedah Properties Sdn Bhd to acquire five parcels of land in Sungai Petani, Kedah, for RM72 million.
KUALA LUMPUR, Dec 3 (Bernama) – The government will simplify financial cross-border approvals under the Foreign Exchange Policy, enabling funds to flow efficiently based on their mandate size to ensure Malaysia remains competitive in attracting foreign venture capital, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
KUALA LUMPUR, Nov 27 (Bernama) -- Tropicana Corporation Bhd’s net loss surged to RM454.93 million in the third quarter (3Q) ended Sept 30, 2024, from RM10.34 million net loss recorded in the same period last year.
KUALA LUMPUR, Nov 21 (Bernama) -- Three reputable construction players, namely MMC-Gamuda KVMRT Sdn Bhd, IJM Construction Sdn Bhd and Sunway Construction Group Bhd, have won the Best Project awards at the Malaysian Construction Industry Excellence Awards (MCIEA) 2024 recently.
