Daim turns up for briefing on redevelopment of Kampung Baru

NSTnation Daim turns up for briefing on redevelopment of Kampung Baru

The visit by the 81-year-old former finance minister and Council of Eminent Persons chairman comes just days before the Nov 30 deadline, when Kampung Baru’s landowners are due to give their decision on the sale of their land.

The offer is however limited to a maximum of RM850 per sq ft in cash, with the remaining amount to be delivered by way of shares in a special purpose vehicle that will be set up to facilitate redevelopment. Last year, Daim had urged landowners in Kampung Baru to unite and reach a decision or risk being adversely affected. He also pledged to support the people there by attending any congress organised by them on what was to be done to their land.

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NST_Online /  🏆 17. in MY

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