Land deals in the cross hairs

This article first appeared in The Edge Malaysia Weekly, on July 30, 2018 - August 05, 2018.
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JUST before May 9, a prominent personality tried to take over a 120-acre tract in Kuala Lumpur that was owned by the government. After much consultation, it was decided that the deal would be deferred until after the general election to avoid controversy.

It was assumed that Barisan Nasional (BN) would retain power and the transaction could then proceed. BN, however, lost to the Pakatan Harapan coalition and the sale has now been aborted.

“It (the tract) is huge and includes a big pond ... they (the prominent individual and developers acting in concert) wanted to build a large development there,” says DAP’s Kepong MP Lim Lip Eng, who has been instrumental in unearthing the sale of choice parcels of land. “It is near my constituency.”

“The [previous] government just could not reject him (the prominent personality) as he was one of the top people in the country,” says Lim, who claims that he got this information from Dewan Bandaraya Kuala Lumpur (DBKL) officers.

He adds that the officers are now saying that aborting the deal was a good thing. “The government gets to keep the land ... this is 120 acres in KL, not somewhere in Sabah or Pahang.”

But that has not stopped a controversy over the sale of land by DBKL during the tenure of former federal territories minister Tengku Adnan Tengku Mansor from coming out.

It is said that there were more than 90 separate transactions in the last four years, which are now the subject of investigations by the Malaysian Anti-Corruption Commission (MACC).

Lim has been on a campaign to expose the sale of 64 parcels amounting to 424 acres for a total of RM4.28 billion.

According to him, some of the parcels were transferred to Yayasan Wilayah Persekutuan — a foundation chaired by Tengku Adnan then — before being sold to certain developers.

The new Federal Territories Minister Khalid Abdul Samad says more than 90 parcels were sold in dubious circumstances by the previous government.

“The actual number ... the total, I am told, is more than 90 plots,” he tells The Edge.

He confirms that the details of the sale of 64 parcels are with MACC and that some of the newly unearthed transactions are still being evaluated by DBKL. The findings will be submitted to MACC if need be.

Why DBKL is even selling land is a puzzle. Khalid says The City Hall’s annual income of close to RM3 billion should be enough for its operations. “So, there is no reason for DBKL to sell land, which is why we are very suspicious of the sales. They (the sales) do not follow the SOPs (standard operating procedures); they do not follow the developments that are being approved; they do not follow the guidelines in terms of density, usage and so on and so forth,” he adds.

Lim claims that the land grabbing in Kuala Lumpur is not limited to DBKL’s land. There are also suggestions that the prices paid for many of the plots were below market value. “Most of them, not all, were [sold] at below market price,” Lim alleges.

There is also talk that in some cases, the bidding process was done via WhatsApp and conducted by a top federal territories ministry official.

One puzzling feature is that the buyer of some of the parcels — suspected to be for Yayasan Wilayah Persekutuan — is listed as Datuk Bandar Kuala Lumpur or Mayor of Kuala Lumpur. The parcels that were acquired were valued at close to RM1.5 billion and include choice locations, such as a 15.24-acre site next to UTC Pudu, which was sold or transferred to Datuk Bandar Kuala Lumpur for RM700 million in October 2015.

A month earlier, in September, Datuk Bandar Kuala Lumpur acquired or transferred 31.7 acres in Kepong for RM418.22 million. In November last year, Datuk Bandar Kuala Lumpur acquired or transferred 54.66 acres for RM279.6 million.

In April last year, a 1.24-acre plot in the Golden Triangle in Jalan Raja Chulan was sold or transferred to Datuk Bandar Kuala Lumpur for RM101.05 million.

When asked about this, Khalid says the acquisitions by Datuk Bandar Kuala Lumpur were odd and that there would be no more land sales under him.

“As far as my ministry is concerned, for the future, we don’t see the need for any land sales and we want to make sure that the land use is in accordance with the local plan. As for the 2030 Local Plan, we will have it reviewed and make it available to the public. We will make sure that DBKL acts professionally in all future cases.”

But how much has been lost? And can action be taken if DBKL did indeed sell land it owned cheaply and fraudulently?

This will only be known when MACC finishes its investigations and the outcome is made public.

 

Land sales

1. Virtue Court Sdn Bhd
PN45744, Lot 345, Section 48
Size: 4.92 acres
Price: RM41.30 million (RM192 psf).
Date: Sold Oct 10
Shareholders: Edelinawati Ali 25%,
Amirudin Selaman 25%, Esmaliza Ismail 25%,
Siti Tasnim Sulaiman 25%.

2. Jayyid Land Sdn Bhd
HSD80863 Pt 5701, M. Setapak
Size: 11.1 acres
Price: RM56 million (RM115.81 psf).
Date: Sold Oct 1, 2015
Shareholders: Mohamed Nizam Mohamed Jakel 50%, Luqman Mohamed Jakel

3. JL99 Development
PN50199, Lot 68303, M. Batu
Size: 5.13 acres
Price: RM48.2 million (RM215.69 psf)
Date: Sold on Aug 19, 2014
Shareholders: Datuk Seri Lee Boon Kiat 70%,
Datuk Tan Kak Seng 30%

4. Multi Access Assets Sdn Bhd
PN14236, Lot 127 Section 94
Size: 1.34 acres
Price: RM21.17 million (RM362.68 psf)
Date: Sept 22, 2015
Shareholders: Nazarudin Nasir 50%,
Syed Ashraf Syed Ali 50%

5. Skymeridian Development Sdn Bhd
PM875 Lot 17911 M.Setapak
Size: 2.94 acres
Price: RM35.64 million (RM278.29 psf)
Date: Sold on Nov 27, 2014
Shareholders: SkyWorld Development Sdn Bhd

6. Pinnacle Homes Sp Sdn Bhd
PN52659, Lot 37890 M.Petaling
Size: 2.61 acres
Price: RM30.48 million (RM268.09 psf)
Date: Sold on Oct 13, 2014
Shareholder: J&CHomes Holdings’ shareholders
Ooi Peng Cuan 70%, Yong Jian Hoe 30%

7. Mabrur Land Sdn Bhd
GRN49890, Lot 195 Section 58
Size: 1.32 acres
Price: RM145.05 million (RM2522.64 psf)
Date: Sold on June 10, 2015
Shareholders: Mohamed Faroz Mohamed Jakel 33.33%, Mohamed Izani Mohamed Jakel 16.67%, Luqman Mohamed Jakel 16.67%, Mohamed Nizam Mohamed Jakel 16.67%, Abdul Shiraz Mohamed Jakel 16.67%

8. Temara Pekeliling Sdn Bhd
HSD49324, Pt24 Section 47
Size: 1.5 acres
Price: RM62.64 million (RM958.68 psf)
Date: Sold on May 5, 2015
Shareholders: Amona Permodalan Holdings Sdn Bhd 11%, Amona Metro Development Sdn Bhd 84%,
Che Hasnadi Che Hassan 5%.
Amona Metro shareholders are 60% MKH Bhd and 40% Amona Permodalan Holdings Sdn Bhd.
Amona Permodalan is 60% controlled by Datuk Othman Ahmad, 30% Abd Manaf Ahmad and 10% Datin Noriah Mohd Yusuf .  

9. TTDI Harta Sdn Bhd
PM724, Lot 54384 MKL
Size: 0.51 acres
Price: RM11.58 million (RM521.25 psf)
Date: Sold on Feb 23, 2015
Shareholders: Naza TTDI Sdn Bhd (Naza group)

10. Skyvogue Development Sdn Bhd
PN33262, Lot 54838, MKL
Size: 1.7 acres
Price: RM12 million (RM162.05 psf)
Date: Sold on June 29, 2016
Shareholders: SkyWorld Development Sdn Bhd

11. Pacific Mutiara Sdn Bhd
HSD103596, 103595 Pt6584, PT6585 MKL
Size: 11.45 acres
Price: RM65 million (RM130.32 psf)
Date: Sold on June 20, 2014
Shareholders: Liew Tien How 70%,
Anilah Muhamad 12.5%, Nurulhafizal Jumad 12.5%, Datuk Abdullah Ahamd 5%

12. UDA Legasi Sdn Bhd
PN45541, Lot 3338 Section 41
Size: 2.78 acres
Price: RM20.6 million (RM170.11 psf)
Date: Sold on Oct 1, 2014
Shareholder: UDA Holdings Bhd

13. Havana Solaris Sdn Bhd
PN36244, Lot 32075 M Petaling
Size: 1.71 acres
Price: RM10.2 million (RM136.93 psf)
Date: Sold on May 11, 2016
Shareholders: Dick Hilmi Hassan 50%, Kwan Lee Kam 50%, Muhamad Shapiae Mat Ali has one share

14. Thriven Amona Sdn Bhd
PN46467, Lot 54853 M Batu
Size: 2.09 acres
Price: RM12 million (RM131.81 psf)
Date: Sold on March 10, 2015
Shareholders: Thriven Global Bhd 51%,
Amona Land Sdn Bhd 39%,
RR Rich Resources Sdn Bhd 5%
Che Hasnadi Che Hassan 5%.
Thriven Global’s substantial shareholders are Datuk Fakhri Yassin Mahiaddin 29.87%, Mulpha International Bhd 24.39%, Datuk Low Keng Siong 10.11%.
Amona Land’s holding company is Amona Permodalan which is 60% controlled by Datuk Othman Ahmad, 30% Abd Manaf Ahmad and 10% Datin Noriah Mohd Yusuf .   
RR Rich Resources’ shareholders are Raja Shariman Raja Shahar 50% and Nor Azman Aziz 50%.    

15. Sinerjuta Sdn Bhd
PN22942 Lot 148 Section 85A
Size: 1.15 acres
Price: RM8.1 million (RM161.70 psf)
Date: Sold May 28, 2015
Shareholders: Tan Sri Chai Kin Kong 96.82%, Mohd Shah Rizal Mohd Jan 2.73%, Chai Woon Yun 0.45%.

16. Era Ecoland Sdn Bhd
PN52603 Lot 201177 M Setapak
Size: 1.82 acres
Price: RM16.21 million (RM204.47 psf)
Date: Sold on April 25, 2017
Shareholders: Tan Sri Chai Kin Kong 95.71%
Mohd Shah Rizal Mohd Jan 4.29%  

17. Nipponkey Sdn Bhd
HSD117892, Pt 54 Section 87A
Size: 0.54 acres
Price: RM4.92 million (RM209.16 psf)
Date: Sold on Oct 10, 2015
Shareholders: Edwin Tan Pei Seng 40%,
Goodwin Tan Pei Poh 30%, Datuk Tan Eng Boon 30%

18. Sentul Raya Sdn Bhd
PN51176, Lot 20004 HSD118974 Pt 118 Section 84
Size: 1.86 acres
Price: RM1.23 million (RM15.18 psf)
Date: Sold on May 7, 2015
Shareholder: YTL Land & Development Bhd

19. Pro Green Generation Sdn Bhd
PN15226, Lot 365 Section 96
Size: 9.82 acres
Price: RM222.3 million (RM519.68 psf)
Date: Sold on Sept 22, 2015
Shareholders: Tropicalis Development Sdn Bhd 20%, Golden Capital Land Sdn Bhd 18%, Excel Logic Sdn Bhd 18%, Suez Capital Sdn Bhd 13%, Aka Pro Sdn Bhd 10%, Concord Odyssey Sdn Bhd, Niche Care Sdn Bhd 7%.
Tropicalis Development’s shareholders are Abdul Hadi Ahmad 50%, Johari Said 50%
Golden Capital Land’s shareholders are Suez Domain Holdings Sdn Bhd 60% and Lee Kuan Chen 40%.
Excel Logic’s shareholders are Suez Capital Sdn Bhd 57.50%, Sunsuria City (KL) Sdn Bhd 37.50%, Ter Hong [email protected] Tai Foong Chin 2.50%, Ter Leong Boon 2.50%
Suez Capital’s shareholders are Ter Leong Hing 93%, Chan Yoke Yen 3%, Yang Kian Joo 3%, Ter Leong Ping 0.5%, Ter Leong Keat 0.5%.
Aka Pro’s shareholders are Mohd Faried Abd Khahar 50% and Abd Khahar Mustapha 50%
Concord Odyssey’s shareholders are Vertical Hallmark Sdn Bhd
Niche Care’s shareholders are Johari Said 90% and Aizul Akma Awang 10%.          

20. Era Ecoland Sdn Bhd
PN33264, Lot 54804 MKL
Size: 1.07 acres
Price: RM6.6 million (RM141.64 psf)
Date: Sold on Nov 22, 2017
Shareholders: Tan Sri Chai Kin Kong 95.71%
Mohd Shah Rizal Mohd Jan 4.29%

21. Sinerjuta Sdn Bhd
HSD120079, Pt 26889 M Batu
Size: 9.15 acres
Price: RM12.25 million (RM30.73 psf)
Date: Sold on Feb 19, April 4, 2016
Shareholders: Tan Sri Chai Kin Kong 96.82%, Mohd Shah Rizal Mohd Jan 2.73%, Chai Woon Yun 0.45%

22. Sinerjuta Sdn Bhd
PT2204, HSM9363 Lot 33545 Bt 4 3/4 Jalan Kelang Lama
Size: 0.93 acres
RM20.25 million (RM499.87 psf)
Date: Sold April 19, 2017
Shareholders: Tan Sri Chai Kin Kong 96.82%, Mohd Shah Rizal Mohd Jan 2.73%, Chai Woon Yun 0.45%

23. Aset Kayamas Sdn Bhd
PN28771, Lot 53427 PN30907 Lot 53653 M KL
Size: 4.05 acres
Price: RM20.54 million (RM116.42 psf)
Date: Sold on July 1, 2016
Shareholders: Tan Sri Chai Kin Kong 65%,
Mohd Shah Rizal Mohd Jan 30%, Chai Wun Yun 5%

24. Seladang Properties Sdn Bhd
PN31003 – 31004, Lot 54967-54698
Size: 0.11 acres
Price: RM3.7 million (RM772.18 psf)
Date: Sold on June 1, 2016
Shareholders: Khairul Firdaus Akbar Khan 90%, Lau Chuan Wei 8%, Lin Kien Voon 2%.
 
25. Ambanang Development Sdn Bhd
PN29081, Lot 25580 PN52889, Lot 25078 M Setapak
Size: 7.63 acres
Price: RM19.6 million (RM58.97 psf)
Date: Sold on May 26, 2017
Shareholders: Platinum Victory Holdings Sdn Bhd

26. Era Ecoland Sdn Bhd
PN35365, Lot 28065 M Setapak
Size: 2.8 acres
Price: RM24.33 million (RM199.48 psf)
Date: Sold on April 20, 2017
Shareholders: Tan Sri Chai Kin Kong 95.71%
Mohd Shah Rizal Mohd Jan 4.29%

27. Skyawani 2 Development Sdn Bhd
PN51359, Lot 80718 M Batu
Size: 2.78 acres
Price: RM6.13 million (RM50.63 psf)
Date: Sold on Nov 21. 2016
Shareholders: SkyWorld Development Sdn Bhd

28. Stecmal Sdn Bhd
PN33204, Lot 54779 MKL
Size: 0.76 acres
Price: RM11.17 million (RM337.40 psf)
Date: Sold on Aug 15, 2016
Shareholders: Mohd Farik Mohd Yusof 51%,
Tan Teong Hock 49%.

29. Asiamega Capital Sdn Bhd
HSD11006, PT7176 MKL
Size: 3.43 acres
Price: RM31.26 million (RM209.22 psf)
Date: Sold on Oct 26, 2017
Shareholders: SJ River Pavilion Sdn Bhd
SJ River Pavilion’s shareholders are Asia Link-Up Sdn Bhd 70%, Nusmetro Cap Sdn Bhd 30%.
Nusmetro Cap’s shareholders are Chan Wai Kean 50% and Lim Lai Cheng @ Lim Choh Poh 50%.
Asia Link-Up’s shareholders are Desa Sanubari Sdn Bhd 49%, Titan Span Sdn Bhd 49%, Au Chee Fai 2%.
Desa Sanubari’s shareholders are Au Zheng Yang 50%, Au Xiao Tung 50%.
Totan Span’s shareholders are Au Chee Kuan 70% and Au Chee Fai 30%

30. Metro Spectacular Sdn Bhd
HSD39260, Pt 184  HSD117396, Pt 201 Section 48
Size: 5.06 acres
Price: RM169.40 million (RM768.55 psf)
Date: Sold on June 15, 2017
Shareholders: MRCB Land Sdn Bhd 51%,
URP City Sdn Bhd 49%
Shareholders of URP City are Noor Arlisma Zainul Ariff 60%, Wan Azmir Wan Majid 40%

31. Metro Spectacular Sdn Bhd
HSD95206, Pt 188 Section 48
Size: 4.45 acres
Price: RM166.10 million (RM856.88 psf)
Date: Sold on June 15, 2017
Shareholders: MRCB Land Sdn Bhd 51%,
URP City Sdn Bhd 49%
Shareholders of URP City are Noor Arlisma Zainul Ariff 60%, Wan Azmir Wan Majid 40%

32. Faber Vista Sdn Bhd
PN37277, Lot 11589 M Ampang
Size: 3.06 acres
Price: RM16.08 million (RM120.63 psf)
Date: Sold on Nov 27, 2014
Shareholders: Low Pei Ling 70%,
Syed Ahmad Fadzil Syed Yahya 30%
(Chai Kin Kong is a director of the company)

33. Ujana Mutiara Sdn Bhd
PN51032, Lot 101245 M Petaling
Size: 3.14 acres
Price: RM17.89 million (RM130.80 psf)
Date: Sold on Aug 22, 2017
Shareholders: Tan Sri Chai Kin Kong 94%
and Syed Ahmad Fadzil Syed Yahya 6%

34. Wawasan Metro Bina Sdn Bhd
HS(D) 120080 PT26890 Mukim Batu
Size: 10.08 acres
Price: RM19.50 million (RM44.14 psf)
Date: Sold on Sept 6, 2016
Shareholder: Tadmax Resources Bhd

35. Jakel Trading Sdn Bhd
PT9243 HS (D) 119590, MKL
Size: 12.34 acres
Price: RM133.49 million (RM248.34 psf)
Date: Sold on Nov 16, 2015….
Shareholders: Mohamed Faroz Mohamed Jakel 33.33%, Luqman Mohamed Jakel 16.67%, Abdul Shiraz Mohamed Jakel 16.67%, Mohamed Izani Mohamed Jakel 16.67%, Mohamed Nizam Mohamed Jakel 16.67%.
36. Cordova Land Sdn Bhd
Lot 58601 Batu 2 Jalan Cheras
Mukim Kuala Lumpur
Size: 11.23 acres
Price: RM82.13 million (RM167.89 psf)
Date: Sold on Aug 30, 2017
Shareholder: Mah Sing Group Bhd

37. Datuk Bandar Kuala Lumpur
Lot 48679 (Lot 57575), PN41541, MKL Desa Sri Hartamas
Size: 1.01 acres
Price: RM20.22 million (RM459.59 psf)
Date: Sold on Oct 16, 2014

38. Datuk Bandar Kuala Lumpur
Lot 38295 Jalan Kelang Lama, Mukim Petaling
Size: 0.5 acres
Price: RM9.72 million (RM446.28 psf)
Date: Sold on Oct 13, 2015

39. Datuk Bandar Kuala Lumpur
PN50941 Lot 40401 Mukim Petaling
Size: 2.78 acres
Price: RM20.60 million (RM170.11 psf)
Date: Sold on Oct 1, 2014

40. Datuk Bandar Kuala Lumpur
PN33266 Lot 16 Section 91, Jalan Lombong Mukim Bandar Kuala Lumpur
Size: 31.7 acres
Price: RM418.22 million (RM302.87 psf)
Date: Sold on Sept 30, 2015

41. Datuk Bandar Kuala Lumpur
PN34813 Lot 3, Section 48, Jalan Ipoh, Kuala Lumpur
Size: 0.22 acres
Price: RM3.37 million (RM351.66 psf)
Date: Sold on Oct 26, 2015

42. Datuk Bandar Kuala Lumpur
PN35318-35322 Lot 737-741 Section 56,
Bandar Kuala Lumpur, bersebelahan UTC Pudu
Size: 15.24 acres
Price: RM700 million (RM1054.45 psf)
Date: Sold on Oct 30, 2015

43. Datuk Bandar Kuala Lumpur
PN 33162Lot 40270 Mukim Petaling,Kuala Lumpur
Size: 1.59 acres
Price: RM8.99 million (RM129.80 psf)
Date: Sold on Sept 8, 2017

44. Datuk Bandar Kuala Lumpur
HSD120257, 120259, 120260, 120039,
PT1216-1219 Section 100, Jalan Datuk Keramat, Kuala Lumpur
Size: 4.48 acres
Price: RM42.93 million (RM219.99 psf)
Date: Sold on Sept 29, 2017

45. Datuk Bandar Kuala Lumpur
Lot 297 PN9977 Section 63, Jalan Raja Chulan
Size: 1.24 acres
price: RM101.05 million (RM1870.80 psf)
Date: Sold on April 13, 2017

46. Datuk Bandar Kuala Lumpur
PN44990, 44999, 45005, 45002, PT428,
Lot 52958-52961 Taman Desa Mukim Kuala Lumpur
Size: 42.42 acres
Price: RM493 million (RM266.8 psf)
Date: Sold on Sept 18, 2017

47. Datuk Bandar Kuala Lumpur
Lot 160 PN45357 Section 86A Jalan Pahang
Size: 1.46 acres
Price: RM41.32 million (RM649.71 psf)
Date: Sold on Sept 29, 2017

48. Datuk Bandar Kuala Lumpur
PN18861 Lot 3799 Jalan Gombak, Mukim Setapak Kuala Lumpur
Size: 3.99 acres
Price: RM8.05 million (RM46.32 psf)
Date: Sold on Dec 15, 2017

49. Datuk Bandar Kuala Lumpur
PN49695 Lot 80192, Jalan Batu Muda Tambahan
Size: 0.61 acres
Price: RM2.17 million (RM81.67 psf)
Date: Sold on Jan 22, 2018

50. Datuk Bandar Kuala Lumpur
HSD119208-119216, PT26634-26641 Jinjang Selatan Tambahan, Segambut Dalam
Size: 54.66 acres
Price: RM279.60 million (RM117.43 psf)
Date: Sold on Nov 23, 2017

Land sold, unknown buyer

51. Lot 28, Section 40, Jalan Munshi Abdullah
Size: 2.78 acres
Price: RM15.68 million (RM129.48 psf)
Date: Sold on May 12, 2014

52. PT 15 Section 90, Jalan Pudu Ulu, Cheras
Size: 2.67 acres
Price: RM32.31 million (RM277.80 psf)
Date: Sold on October 10, 2014

53. Lot 24344, PT 13975, Lot 37304 (PT4770) and PT5328, Mukim Petaling
Size: 44.8 acres
Price: RM189.12 million (RM96.91 psf)
Date: Sold on Jan 13, 2015

54. Jalan Padang Walter Grenier, Section 67, Bukit Bintang
Size: 1.08 acres
Price: RM86.89 million (RM1846.96 psf)
Date: Sold on March 3, 2015

55. PT2648 HS(D) 119600, Mukim Ampang, Kuala Lumpur
Size: 8.48 acres
Price: RM31.83 million (RM86.17 psf)
Date: Sold on June 5, 2015

56. Mukim Batu, Kampung Chim Lee, Kepong
Size: 15.32 acres
Price: RM40.19 million (RM60.22 psf)
Date: Sold on May 9, 2016…

57. Lot 36464 & Lot 36465 Bukit Jalil, Mukim Petaling, Wilayah Persekutuan Kuala Lumpur
Size: 0.9 acres
Price: RM14.4 million (RM367.31 psf)
Date: Sold on April 6, 2015

58. PN35213, Lot 62221 Mukim Batu,
Jalan Batu Muda Tambahan 3
Size: 5.77 acres
Price: RM25.22 million (RM100.34 psf)
Date: Sold on April 29, 2015

59. PT15252 (bersebelahan Lot 38469)
Bukit Jalil
Size: 6.85 acres
Price: RM11.65 million (RM39.04 psf)
Date: Sold on Nov 25, 2016…

60. PT14996, HSD118734 Jalan Sg Besi,
Mukim Petaling
Size: 4 acres
Price: RM16.53 million (RM94.87 psf)
Date: Sold on March 10, 2015…

61. Lot 80458 Mukim Batu Metro Prima
Size: 2.09 acres
Price: RM2.55 million (RM28 psf)
Date: Sold on Jan 4, 2018

62. Tanah bersebelahan Lot 46180 Kuchai Lama, Mukim Petaling
Size: 3.17 acres
Price: RM6.16 million (RM44.61 psf)
Date: Sold on Jan 11, 2018
63. PT9375 Mukim Kuala Lumpur (sebelah tapak pembangunan Razak Mansion)
Size: 2 acres
Price: RM17.42 million (RM199.95 psf)
Date: Sold on May 29, 2017

64. Lot 660 PN14237 Section 94,
Jalan Syed Putra, Kuala Lumpur
Size: 3.22 acres
Price: RM45.41 million (RM323.75 psf)
Date: Sold on Oct 10, 2014

companies that acquired land, no details of land

1. Ujana Mutiara Sdn Bhd
Shareholders: Tan Sri Chai Kin Kong 94%
Syed Ahmad Fadzil Syed Yahya 6%

2. Wayfield Construction Sdn Bhd
Shareholders: Kok Boon Kiat 70%
Datuk Nawawi Kamaruddin 30%

3. Danau Lumayan Sdn Bhd
Shareholders: Ahmad Kamal Ismail 40%, Maznah Abdul Hamid 40%,
Shaheen Chugtai Mirza Habib Jan 20%

4. Titian Sama Sdn Bhd
Shareholders: Eupe Corp Bhd 70%,
Datuk Seri Syed Razlan Syed Putra 15%,
Tuanku Syed Sirajuddin Putra Jamalullail 15%  
Eupe Corp’s substantial shareholder is
Datuk Beh Huck Lee 44.56%  

5. Milek Perusahaan Sdn Bhd
Shareholders: Mahajaya Bhd 94.52%,
Datuk Tan Liu [email protected] Leong Min 2.69%,
E Ghazalie Mohd Shafie 2.69%,
Muhamad Shapiae Mat Ali 0.09%.
Mahajaya is 70% controlled by the Tan family and 30% by Salak Park Sdn Bhd.
Salak Park is controlled by Mahajaya Realty Sdn Bhd with 53.85% and Myomni Sdn Bhd with 46.15%   

6. Skyluxe Development Sdn Bhd
Shareholders: SkyWorld Development Sdn Bhd 100%

7. Citra Amal Sdn Bhd
Shareholders: SkyWorld Development Sdn Bhd 100%                        

 

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