QUOTE(lowfartt @ Apr 19 2023, 09:51 PM)
Cashflow problem?
Will kena blacklisted by kpkt or not?
Developer ada bayar main con kah?š¤Will kena blacklisted by kpkt or not?
News Habislah 8 Conlay, Jeng111
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 Apr 19 2023, 11:24 PM
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#21
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Senior Member
1,251 posts Joined: Jan 2012 
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Apr 19 2023, 11:27 PM
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Senior Member
3,460 posts Joined: Nov 2009 From: KL
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QUOTE(airtawarian @ Apr 19 2023, 11:24 PM) Developer ada bayar main con kah?š¤ main con as in play con games  |
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Apr 19 2023, 11:27 PM
Show posts by this member only | IPv6 | Post
#23
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Junior Member
867 posts Joined: Feb 2017 
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sad for those buyers.
in the end, the buyer suffers. Government should impose harsh punishment on this kind of developer. Should have followed some of CCP style. https://www.bloomberg.com/news/articles/202...ealth#xj4y7vzkg China Urges Evergrandeās Hui to Pay Debt With His Own Wealth |
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Apr 19 2023, 11:49 PM
Show posts by this member only | IPv6 | Post
#24
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All Stars
13,790 posts Joined: Jan 2006 From: stress & confuse world 
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why so many ppl happy the buyers kena "con" here?
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Apr 20 2023, 12:01 AM
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Junior Member
321 posts Joined: Jun 2016
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buyer mostly foreigner
no care |
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Apr 20 2023, 12:36 AM
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Senior Member
1,836 posts Joined: May 2010
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QUOTE(cfa28 @ Apr 19 2023, 10:31 PM) isn't this link to kuok group https://www.kskgroup.com/portfolio/insurancehow can kuok got cash flows problem Founded in 2013, KSK Land Sdn Bhd is a wholly owned subsidiary of KSK Group Berhad, an established Malaysian investment holding company, with a vision to craft bespoke properties that prioritise design, craftsmanship and lifestyle.  In 2010, Joanne led the RM1.6 billion sale of Kurnia Insurance (M) Bhd to AmGeneral Insurance Bhd. In 2012, she took the helm as group CEO and spearheaded the rebranding of Kurnia Asia Bhd to KSK Group; and in 2013, she led the privatisation of KSK Group. Bangunan KSK 32 Jalan Yap Ah Shak 50300 Kuala Lumpur Malaysia T. +603-2693 1668 F. +603-2697 0067 info@kskgroup.com https://www.forbes.com/profile/kua-sian-koo...sh=1c1e784332af Changes in Sub. S-hldr's Int. (29B) KSK GROUP BERHAD Particulars of substantial Securities Holder Name Tan Sri Dato' Paduka Kua Sian Kooi Nationality/Country of incorporation Malaysian Descriptions (Class & nominal value) Ordinary shares of RM0.25 each no relationship!!!! THIS ONE IS FORMER KURNIA AUTO INSURANCE company |
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Apr 20 2023, 12:39 AM
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#27
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Senior Member
1,132 posts Joined: Jun 2015
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QUOTE(DarkAeon @ Apr 19 2023, 07:44 PM) sape beli boleh 14 floor dah siape beli boleh claim LODfat chunk |
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Apr 20 2023, 12:41 AM
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#28
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Senior Member
1,132 posts Joined: Jun 2015
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QUOTE(vexus @ Apr 19 2023, 10:04 PM) alot of developer depend on buyer & banker to have cashflow to run the project. If contractor fucked up & slow down the progress. Developer equally fucked up. Developer didnt pay, GDB slowing progress, developer complain, GDB request pay up baru start work, developer cancel contractor.Kek |
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Apr 20 2023, 12:42 AM
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1,836 posts Joined: May 2010
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QUOTE(submergedx @ Apr 20 2023, 12:39 AM) siape beli boleh claim LOD fat chunk  Kurnia Insurans (Malaysia) Bhd, a subsidiary of Kurnia Asia Bhd KSKéå¢ēåčŗ«äøŗ天å®äŗę“²ęéå ¬åø (Kurnia Asia Berhad)ļ¼ē±ęÆēå¦ēē¶äŗ² äø¹ęÆéęæē£å·“ęå”ęÆåéµTan Sri Datoā Paduka Kua Sian Kooiååļ¼ä¹ęÆå¦ä»KSKéå¢ēę§č”äø»åøć čæåęæå°äŗ§åøåŗļ¼ęÆęÆåéµäøē“ę³åēäŗę ć 2019 Malaysia's 50 Richest Net Worth https://www.kskgroup.com/portfolio/land this is their first property project https://www.forbes.com/profile/kua-sian-koo...sh=1c1e784332af high chance they will complete it since tan sri dato' paduka kua sian kooi is $420M #35 Malaysia's 50 Richest (2019) Dropped off in 2020 This post has been edited by plouffle0789: Apr 20 2023, 01:01 AM |
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Apr 20 2023, 12:51 AM
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#30
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Senior Member
1,132 posts Joined: Jun 2015
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QUOTE(plouffle0789 @ Apr 20 2023, 12:42 AM) 2019 Malaysia's 50 Richest Net Worth Impossible to fork out own nett worth to finish the project lahttps://www.kskgroup.com/portfolio/land this is their first property project https://www.forbes.com/profile/kua-sian-koo...sh=1c1e784332af high chance they will complete it since tan sri dato' paduka kua sian kooi is $420M #35 Malaysia's 50 Richest (2019) Dropped off in 2020 I believe anyhow they will finish the project By hiring lower class main con |
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Apr 20 2023, 07:35 AM
Show posts by this member only | IPv6 | Post
#31
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Senior Member
1,774 posts Joined: Nov 2007 From: Planet Earth
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Lucky I'm too poor to buy.
This post has been edited by samftrmd: Apr 20 2023, 07:38 AM |
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Apr 20 2023, 07:47 AM
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Junior Member
97 posts Joined: Oct 2022
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Thank you. Please come again.
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Apr 20 2023, 07:53 AM
Show posts by this member only | IPv6 | Post
#33
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Senior Member
4,830 posts Joined: Jan 2012
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QUOTE(plouffle0789 @ Apr 20 2023, 12:36 AM) https://www.kskgroup.com/portfolio/insurance tqvm for the clarification .Founded in 2013, KSK Land Sdn Bhd is a wholly owned subsidiary of KSK Group Berhad, an established Malaysian investment holding company, with a vision to craft bespoke properties that prioritise design, craftsmanship and lifestyle. In 2010, Joanne led the RM1.6 billion sale of Kurnia Insurance (M) Bhd to AmGeneral Insurance Bhd. In 2012, she took the helm as group CEO and spearheaded the rebranding of Kurnia Asia Bhd to KSK Group; and in 2013, she led the privatisation of KSK Group. Bangunan KSK 32 Jalan Yap Ah Shak 50300 Kuala Lumpur Malaysia T. +603-2693 1668 F. +603-2697 0067 info@kskgroup.com https://www.forbes.com/profile/kua-sian-koo...sh=1c1e784332af Changes in Sub. S-hldr's Int. (29B) KSK GROUP BERHAD Particulars of substantial Securities Holder Name Tan Sri Dato' Paduka Kua Sian Kooi Nationality/Country of incorporation Malaysian Descriptions (Class & nominal value) Ordinary shares of RM0.25 each no relationship!!!! THIS ONE IS FORMER KURNIA AUTO INSURANCE company what is the percentage of completion . wonder if officially declared as abandoned project |
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Apr 20 2023, 07:56 AM
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Junior Member
864 posts Joined: Jan 2018
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whoa , eyesore weh if abandoned in that area
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Apr 20 2023, 08:28 AM
Show posts by this member only | IPv6 | Post
#35
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Junior Member
269 posts Joined: Feb 2011
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QUOTE(submergedx @ Apr 20 2023, 12:41 AM) Developer didnt pay, GDB slowing progress, developer complain, GDB request pay up baru start work, developer cancel contractor. Developer with those old Malaysian mindset thinking always try to do this in hopes the contractor bankrupt before repeating the same practice to other contractors. Kek They think that all contractors are supposed to fund their projects, and they will not be any repercussions for not paying what are due. |
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Apr 20 2023, 08:55 AM
Show posts by this member only | IPv6 | Post
#36
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Junior Member
683 posts Joined: Jul 2010
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habisla, loan dah approved, aggressive interest dah htr ke rumah minta korg bayar.
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Apr 20 2023, 09:06 AM
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Senior Member
1,922 posts Joined: Feb 2016
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QUOTE(cfa28 @ Apr 19 2023, 10:31 PM) isn't this link to kuok group How do you rate kurnia insurance yesteryears?how can kuok got cash flows problem |
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Apr 20 2023, 11:41 AM
Show posts by this member only | IPv6 | Post
#38
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Senior Member
1,836 posts Joined: May 2010
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QUOTE(cfa28 @ Apr 20 2023, 07:53 AM) tqvm for the clarification . most important is KSK Group Berhad's financials are good.what is the percentage of completion . wonder if officially declared as abandoned project Given that KSK Group Berhad's financials are good, it may be beneficial for the company's reputation to revive the project. |
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