Why there has to be a sub-MC

Quick Summary:

A subsidiary management corporation (sub-MC) is established when the limited common property is designated by the management corporation (MC) to represent the different interests of a group of proprietors, through a comprehensive resolution under Section 17A of the Strata Titles Act 1985 (STA 1985).

Ringgit to remain defensive next week, trading within 4.43-4.

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Article Details

Author / Journalist: Lai Chee Hoe

Category: EconomyBusiness

Markets: Malaysia

Topics: StrataManagement MCResponsibilities Property StrataReform PropertyLaw EVoting CommonProperty SubMC /Business/Business News StrataGovernance Star Biz7

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-16 @ 00:00:00 (8 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 110 words

Reading Time: 1 minutes read

Sentences: 4 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 27027026

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About The Star

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 5 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 8 hours ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #22

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