Land buyers racing to save their plots
Sunday Star 17/7/2005 BY NIK KHUSAIRI IBRAHIM

PENANG: A group of land purchasers are racing against time to track down fellow buyers to save the 1.6ha of land in Kulim, Kedah, from being placed under a provisional liquidator.

A total of 300 buyers bought the piece of land in Kulim from the MBf Country Homes and Resort Sdn Bhd eight years ago, but the pro-tem committee had managed to trace only 30 of them.

Pro-tem committee spokesman Charles Lim alleged that developer Alamanda Development Sdn Bhd (formerly MBf Country Homes and Resort Sdn Bhd) had made a resolution to put the company under the creditors’ voluntary winding-up procedure.

Buyers had been invited by the developer to attend a creditors meeting on Aug 16 at the Equatorial Hotel in Kuala Lumpur to appoint MustaphaRaj Sdn Bhd as provisional liquidator, he said.

“The purchasers do not agree with the developer’s liquidation move. We need as many buyers to come forward to put an end to this,” he told a press conference called by state MCA Public Complaints Bureau at state MCA headquarters in Jalan Pahang yesterday.

Lim said some of the buyers could be living overseas, and that he was afraid that they might not be aware of the liquidation move.

“Purchasers can appoint proxy through e-mail addressed to chris.tan@ intel.com,” he said.

He said the buyers must team up to question the developer on the need for liquidators to be appointed for their pieces of the land that was deemed viable and profitable.

“We also want to de- mand individual land titles for the pieces of land that we have bought. We want our land. We have a right to it as we have paid for it,” he said.

Among the projects in the area were orchard bungalow homestead, country homes and golf villa.

Lim alleged that the developer appointed liquidators in May to wind up the company, citing that the company could not by reason of its liabilities continue its business.

Buyers can contact pro-tem committee members Charles Lim at 04-2282082, or Yau Kheng Lee at 04-8909072 or 016-4212813.