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 Sub-company for new property project

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immobile
post Oct 18 2023, 07:15 PM

On my way
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Junior Member
660 posts

Joined: Jun 2018

QUOTE(acbc @ Oct 18 2023, 07:01 PM)
Yes.

The laws here only protect the developers.

If the project is abandoned and developer gone bankrupt, pretty nothing much u can do about it.

For LAD, developers always negotiate with the owners for a lower settlement which is not only illegal but also wrong. The lawyers will give excuses like the company will be closing down or etc which are all BS!
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yes correct. i rarely seen developers in malaysia gotten into serious trouble. those tan sri's are so influential within the underground world and also in corporate sectors. more like building 3rd or 4th vacation mistress homes in bukit tunku, damansara heights, bangsar, tropicana, sierramas......


As these saying goes: Laws are spider webs through which the big flies pass and the little ones get caught. - Honore de Balzac

 

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