Most Read
Most Commented
mk-logo
Columns
COMMENT | DBKL occupies its own land - at developer's mercy

COMMENT | The course of events leading to the sale of a large plot of land, which, among others, housed a health clinic and vaccination centre, was straightforward - a willing seller offering a deal to a selected buyer.

However, behind the legally worded agreement between Kuala Lumpur City Hall (DBKL) and Perano Development Sdn Bhd, an arm of the Jakel group, it appears that proper procedures were followed.

However, the seller has now been placed in a difficult position.

Unable to meet a necessary clause, it is now dependent on the buyer’s goodwill to escape paying millions in compensation.


Please join the Malaysiakini WhatsApp Channel to get the latest news and views that matter.

Unlocking Article
Unlocking Article
View Comments
ADS