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Investment PANORAMA RESIDENCES @ KELANA JAYA, Ultimate Prestige Living in Kelana Jaya

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aaron1717
post Nov 13 2018, 02:08 PM

Chui Shui in Property Manyak Best!
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Joined: Apr 2012
QUOTE(JasonLeeX @ Nov 12 2018, 10:24 PM)
@lester_wk haha tin kosong lester.

It's a common practice for those not so strong public listed companies like Loh & Loh to create subsidiaries to limit their liability. That is the reason why they call it "private limited" or if you don't understand what PLC means, it is called Sdn Bhd in Malaysia "Sendirian" Berhad.

You can never see big names developer like SP Setia or Sime Darby property using an unknown subsidiary to develop their project because they are well known, experienced and their brand itself is highly marketable. Loh and Loh is not well known in high rise property development, hence there is no reason to use the holding company name to be at stake. If anything fails, just close down their PLC and move on.

Basic business management also don't know, did you even study Kemahiran Hidup during secondary school or did you slept in class huh LESTER BOY...?
P/S : Big names do use subsidiaries sometimes but mostly because the subsidiary is specialised and actually more reputable in certain area. It's like Toyota using Lexus for its luxury line but in Loh & Loh case, it doesn't seem that way since they are using a totally nameless and experience-less subsidiary which looks more like a meat shield than what was said earlier.
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QUOTE(BEANCOUNTER @ Nov 13 2018, 12:55 PM)
Jason,

i bought properties from SP setia (Setia and EcoPark), Tan&Tan, UOA, MahSing, Eco world and NONE of them ( i repeat, NONE) the spa is signed between the holding company and myself.

i cant vouch for other major developers like SIME, Sunwei, UEM and Tropicana.
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in this case... i agreed with Bean gor and the Lester boy... lol.... so far i seen all the projects under big developers you mentioned... none of them use the holding company as the developer company for their projects.... and i think i have met and dealth with alot more developers' projects than you do... even the golden age old See Hoy Chan also using different subsidiaries to be 'meat shield' for each of their development projects....

 

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