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Broker sold watch to director linked to undersea tunnel project, court hears

Broker sold watch to director linked to undersea tunnel project, court hears
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The Edge  |  Raine & Horne International Zaki+Partners Penang housing Property Monitor (4Q2020): Transaction volume expected to spike

After a year of battling the Covid-19 pandemic, there does not seem to be an end in sight with many countries continuing to impose lockdowns, albeit of differing severity. In Malaysia, the third wave of the outbreak and the subsequent Movement Control Order (MCO) 2.0 have added to the uncertainties in the country’s economic outlook.
However, amid the current turmoil, there is some good news for Penang. In presenting the 4Q2020 Penang Housing Property Monitor, Raine & Horne International Zaki + Partners Sdn Bhd senior partner Michael Geh says data from the National Property Information Centre (Napic) shows that the state’s property market saw a major spike in terms of transaction volume in 3Q2020, and he expects this trend to have continued into 4Q2020. ....

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Lawyer: We are ready for trial to prove Guan Eng's innocence | Malaysia

Monday, 21 Dec 2020 02:22 PM MYT
BY EMMANUEL SANTA MARIA CHIN
Lim Guan Eng (right) is seen with his lawyer Gobind Singh Deo outside the Kuala Lumpur High Court December 21, 2020. Picture by Hari Anggara
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KUALA LUMPUR, Dec 21 With trial dates set for June next year, the legal team of DAP secretary-general Lim Guan Eng have expressed their preparedness for his defence in court.
Lim’s lead defence counsel and Puchong MP Gobind Singh Deo, speaking to reporters after today’s proceedings, reiterated their position that the case lacks concrete evidence to prove any form of corrupt wrongdoing against Lim. ....

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The Edge | Raine & Horne International Zaki+Partners Penang housing Property Monitor (3Q2020): Sharp decline seen in 1H2020 for Penang property market

In Malaysia, the Covid-19 outbreak and subsequent Movement Control Order (MCO) badly affected many sectors, especially in the first half of the year. The current third wave of infections and further political turmoil have added to the uncertainties that the country is already facing.
For the property sector, with business being disrupted due to the closure of sales galleries, developers and agents have turned to online platforms to sell their properties and close sales. While developers have offered many packages and incentives, the performance of the property market continues to be impacted by Covid-19.
In presenting the 3Q2020 Penang Housing Property Monitor, Raine & Horne International Zaki + Partners Sdn Bhd senior partner Michael Geh notes that Penang’s property market performed poorly in the first half of the year. The Ministry of Finance’s Valuation and Property Services Department data shows that real estate transactions in the state experienced a sharp decline ....

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