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Meeting between buyers and
builders of stalled project in Putrajaya
30/07/2008 The Star
ALL buyers of the public units at Precinct 11 Development, Putrajaya, are
invited to take part in a meeting with the project developer Arif Cerah Sdn
Bhd at 10am today at the Putrajaya International Convention Centre.
The meeting will be chaired by Housing and Local Government Ministry
secretary-general Datuk Ahmad Fuad Ismail. Representatives of Putrajaya
Holdings Sdn Bhd (PJHSB), as the master developer of Putrajaya, will also be
present at the meeting.
The meeting is to update the house buyers on the status of the stalled
Precinct 11 development and the action plans that had been discussed between
the developer, PJHSB and ministry officials.
Construction work at the Precinct 11 development has ceased since late last
year, mainly due to the ongoing dispute between the company and PJHSB
Arif Cerah is a wholly owned subsidiary company of Peremba Jaya Holdings Sdn
Bhd, which in turn is a joint venture company between PECD Berhad and PJHSB.
The company is, however, actively pursuing alternative avenues to resolve
the matter.
PECD had earlier briefed and requested assistance from the Housing and Local
Government Ministry and the Federal Territories Ministry to find ways to
revive the project and to prevent it from being classified as abandoned.
Arif Cerah, Peremba Jaya Holdings and PECD remain committed to a positive
outcome for all parties concerned, especially the buyers. |
