Press Release 8 on the questionable deal between Selangor and Talam

Press Release 8 – 26th July 2012

1)       On 12 March 2010, PR Selangor government decided to acquire the following assets that are part of the RM676million from Talam as follows;

  Asset RM (million)
a) 400 acres of Ulu Yam land 18
b) 60% share in Ulu Yam Golf & Country club 4.2
c) 12 acres of land Puncak Jalil 12
d) 2,754.83 sq m shop lots in Ukay Perdana 7.8
e) 5 office units in Menara Pandan 2.7
  Total 44.7

2)       On 26 April 2010, PR Selangor government propose to dispose 400 acres of Ulu Yam land, 60% share in Ulu Yam Golf & Country club and 12 acres of land Puncak Jalil to Kumpulan Hartanah Selangor Berhad (KHSB), a state listed company. This is to settle the amount outstanding to KHSB.

3)       According to KHSB Board minutes on 3 May 2010 and 24 November 2010, KHSB rejected the proposal due to valuation reasons.

4)       On 6 June 2011, PR Selangor government propose for second time the Ulu Yam land, Puncak Jalil land and 60% share in Ulu Yam together with the 5 office units in Menara Pandan and shop lots in Ukay Perdana for RM44.7million

5)       On 29 June 2011, KHSB decided to acquire the lands proposed based on market valuation but did not agree to acquire the 5 office units in Menara Pandan and shop lots in Ukay Perdana.

6)       I am made to understand that KHSB has made a counter proposal for the assets above excluding the Menara Pandan office lots at RM31.6million compared to PR Selangor government at RM42million.

7)       KHSB was informed to accept all the proposed assets based on the proposed value at RM44.7million assets to offset the amount due to KHSB. It is also mentioned that PR Selangor government would not be able to offer any other assets or to settle the remainder amount due to KHSB in the short term.

8)       As such based on the above the following needs to be noted;

a)   In the 2010 Selangor state handsard, PR Selangor government claims that the RM44.7million assets can be easily disposed off and open tender will be conducted. However, why are the same assets being proposed to KHSB on numerous occasions and no open tender being conducted?

b)   Instead of selling to state companies e.g. Permodalan Nasional Selangor Berhad and KHSB, why isn't the PR Selangor government disposing the properties acquired from Talam to non-state related company?

c)   PR Selangor government is supposed to identify land as a way to set off the amount due to Talam amounting to approximately RM30.5million. Why can't the 5 office units in Menara Pandan and shop lots in Ukay Perdana amounting to RM10.5million be used to offset the amount due to Talam? 

9. From the above it appears that the state listed company, KHSB is more professional in its conduct in rejecting the PR Selangor government offer. We can also conclude that PR Selangor government is probably trying to force KHSB to acquire the assets at RM44.7million to avoid any losses.

YB Datuk Chua Tee Yong
MCA Young Professionals Bureau Chairman
Deputy Minister of Agriculture and Agro-based Industry
Member of Parliament for Labis

-MCA online-

Read More @ Source



More » Bonology.com | Pakatan Rakyat (PR) | Sociopolitics Plus | 大马社会政治

Comments

Post a Comment

Optimized Search

Sexy Scandals

Popular posts from this blog

BAGAIMANA GAMBAR AWEK MELAYU BOGEL BOLEH TERSEBAR DIDALAM BLOG??

Image
Gambar awek atau gadis melayu bogel makin tersebar di beberapa laman blog. Gambar bogel tersebut juga didakwa merupakan gambar peribadi dari telefon bimbit yang tanpa sengaja diupload oleh pihak tidak bertanggungjawab. Menurut kajian, dipercayai teman lelaki kepada gadis melayu ini adalah orang yang bertanggungjawab atas penyebaran gambar bogel kekasih mereka. Ada yang sanggup meminta gambar bogel dari kekasih sendiri untuk jadi tatapan. Namun, apabila sudah putus cinta pihak lelaki akan mengugut untuk siarkan gambar peribadi mereka di internet. Kepada kaum wanita, anda dinasihatkan supaya tidak memberikan gambar seksi atau peribadi anda mahupun kepada teman lelaki anda - Melvister Read More @ Source More » Bonology.com | Pakatan Rakyat (PR) | Sociopolitics Plus | 大马社会政治
Keep reading

Scandal: Alyssa The Scandal Queen

Image
Malaysian Scandalous Classic Alyssa Yin Yi Here is the download links of the Alyssa Yin Yi BJ video. This is a leaked sexx video of amateur students who are so horny and they decided to film their sexcapade. good for those like this kind of stuffs, the sexx video was leaked and was posted on the internet. Warning: Link Contain Very Explicit Materials Click HERE To Download Alyssa Yin Yi is 22 years old and her 23rd birthday arrives at October 30th, 2008. Allyssa has a red and black scorpio tatoo on her right side of abodomin, referring to which she says she is a “Typical Scorpio Young Lady. Red, White, Pink Addict.” Allyssa Yin was enrolled to one of Malaysia’s most famous private college LimKokWing University a few years ago, where she had a friend named Jane Lo Li . Previously, Allyssa and Jane might only be famous to the Malaysian Foosball Community. But now they probably are soon catapulted into the international fame, because their naked photos and sex videos with Pakistani wealt...
Keep reading

Thank you, 2012

Image
It is the last day of 2012. Many events happened for the year. For us at BigDogDotCom, it has been a very good and memorable year indeed. Our article on the 'Ghost of Johor' drew a lot of attention. It started a series of articles written by other bloggers about Johor and drew even more attention, which many talked about. Enough to be asked to 'come for dinner '. Then, we were also reunited with an old blogging brother. It was nice to meet up with Raja Petra our common Malaysian favourite in the heart of West End. Doa for heroes of Bukit Chandu: (dari kiri) Brig Gen Rahim, PAT Jen Tan Sri Zulkifli, Defense Minister Dato' Seri Dr Ahmad Zahid Hamidi, Dpeuty Minister Dato' Dr Latif Ahmad & President of Royal Malay Regt Club 2012 had some of our proudest moments. We witnessed for the first time the Malaysian Defense Minister officially paid homage on the Remembrance Day of the 70th anniversary , to the gallant heroes of 1st Federated Malay Regimen...
Keep reading