Archive for April 2023

SERDANG: While declaring he was “solidly solvent”, Tan Sri Lee Kim Yew says it was a US arbitration court decision which was used to file a bankruptcy notice against him at the Malaysian Department of Insolvency (MDI). The Country Heights Holdings Bhd founder said he had resigned from all boards of directors of his companies…

KUALA LUMPUR (April 12): Country Heights Holdings Bhd founder and largest shareholder Tan Sri Lee Kim Yew has been declared a bankrupt by the Shah Alam High Court. According to Malaysia Department of Insolvency’s website, e-insolvensi, the tycoon received the bankruptcy notice issued by the Shah Alam High Court on Jan 26 this year. The…

KUALA LUMPUR: Millennials purchasing residential property in Malaysia have significantly increased compared to last year and the trend is expected to continue rising until 2024, says Juwai IQI in a survey. The Asian real estate technology company said its Millennial Homebuying Survey also indicated that the majority of real estate agents believed that there were…

KUALA LUMPUR, April 9 — A stereotype often tagged to residents at the People’s Housing Project (PPR) and public housing (PA) in the city is that they are poor and are always in need of aid. While some assume that such housing projects are a breeding ground for social problems, these are just the types…