Bumiputra ownership

  • Community
  • Saturday, 14 Mar 2015

Photo opportunity: Lee (front row, fifth from left) posing for a picture with Mohd Nizar (Lee’s right), representatives from six cooperatives and Team Keris staff during the signing ceremony at TKB Tower, Times Square Ipoh.

MOVING in tandem with their mission to increase property ownership among bumiputras, Team Keris Bhd recently signed a purchasing and investment contract with six cooperatives in Perak.

The groups — Koperasi Datuk Haji Abu Bakar Kinta Bhd, Koperasi Usahanita Perak Bhd, Koperasi Gayong Warisan Perak Bhd, Koperasi Permodalan Pesara Pendidikan Negeri Perak Bhd, Koperasi Perkim Perak Bhd and Koperasi Keluarga Anjang Budiman Taiping Bhd — have purchased six commercial shop offices at Jelapang Square in Ipoh.

State Islamic Education, Personality Development, Entrepreneur Development and Cooperative Committee chairman Datuk Mohd Nizar Zakaria was present to witness the signing ceremony.

In his speech, he said he hoped that with this contract, many other cooperatives would follow in their footsteps.

“Today, many cooperatives have contributed greatly to the nation’s gross domestic product and they are the third largest sector to do so.

“This is why I hope that more cooperatives will move out of their comfort zone and transform their business to be on par with their national counterparts.

“By working with the private sector, I am sure that this is the stepping stone for all cooperatives to be an entity of strength in socio-economic development,” he said during the signing ceremony at TKB Tower in Times Square Ipoh recently.

Putting pen to paper: Lee (left) and Mohd Nizar (second from right) witnessing a representative (right) from Koperasi Keluarga Anjang Budiman Taiping Bhd signing the contract.
Putting pen to paper: Lee (left) and Mohd Nizar (second from right) witnessing a representative (right) from Koperasi Keluarga Anjang Budiman Taiping Bhd signing the contract.

Team Keris corporate communication vice-president Anuar Abu Hassan said the six cooperatives have already invested RM10mil collectively in their shoplots.

“Coupled with the sales made from our previous exposition held to encourage bumiputra property buyers, this means that a total of RM30mil has been invested by bumiputras within the span of four months.

“By taking the big leap and investing in properties with our company, we hope that this move made by these cooperatives would encourage others to follow suit,” he said.

Anuar also announced that the company will be launching its Bumiputra Super Corridor project soon.

“Through this corridor, it allows property purchases to be conducted with a special passport that is given to the bumiputra community.

“This entitles the passport holder up to 15% discount on any residential properties of their choice, or 21% discount off any commercial properties.

“Any property transactions conducted outside of this super corridor will not be entitled to the benefits offered,” he said.

Also present during the signing ceremony were Team Keris director Michael Tan and group executive chairman Datuk Lee Seng Hee.

Last month, Team Keris Bhd had organised “The Greatest Property, IT, Automobile and Furniture Expo” to encourage property buying in every sector of the community, especially among bumiputra buyers.

It was the first bumiputra property expo in Perak hosted by a private developer, which received more than 20,000 visitors during the three days with sales totalling RM20mil.

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