No Bail Out For Troubled Property Developers
19 views · Published 15 December 2017 · 1:08 · Indexed 12 November 2026
Channel: 7Edition · 2017 · News & Politics
Meanwhile, commenting on property developers who is failing to sell their units and those who is facing financial difficulties. Datuk Seri Johari today made a strong statement, that the government will not bail out troubled developers. Effective November first, the government has imposed a blanket ban on luxury property developments nationwide to stabilise the property market. however, after much deliberation, Datuk Johari said property projects in major cities that are viable have been given green light. Nevertheless, freeze on developing shopping malls, maintains. Datuk Seri Johari Was Speaking After Witnessing The Signing Of A MOU Between Eco World International Berhad And United Kingdom-based Be Living Holdings Limited, Earlier Today.
More from this channel
-
1:11
RM356k Worth Of Drugs Seized At Sabah Post Office
-
2:19
PM Proposes At Least 30% Women Senators
-
1:24
Wanita To Focus On Empowering Women
-
1:07
Cops May Set Up Fru In East M'sia
-
0:37
Bus Collides Into 2 Lorries In NSE, 14 Injured
-
2:44
OIC Must Object Move To Make Jerusalem Israel's Capital
-
1:39
Jelebu MP Zainudin Ismail Dies At 58
-
1:15
Sabah Approves Foreign Investments Of Over RM400 Mln In H1 2017