BERNAMA filepic
ALOR GAJAH: Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi (pic) says he will instruct Felcra Berhad's top management to explain the proposed sale of the Semarak20 building in Kuala Lumpur to the Public Accounts Committee (PAC).
Ahmad Zahid, who is also Rural and Regional Development Minister, said it would be easier to sell the commercial building en bloc at the current market price.
"I will ask the Felcra chairman and chief executive officer to give a detailed explanation to the PAC... as Felcra took out a loan to build this complex.
"If it is not paid off, it will impose a financial burden on Felcra,” he told reporters after chairing a coordination meeting with all state exco members in charge of the rural portfolio here on Thursday (Nov 7).
Also present was Melaka Chief Minister Datuk Seri Ab Rauf Yusoh.
In its report on Wednesday (Nov 6), the PAC expressed concern over the building, managed by Felcra Berhad, as it is reportedly still unsold with the proposal currently at the discussion stage with potential buyers.
It is understood that several local and international companies, including from Singapore, Taiwan and the United Arab Emirates, have shown interest in buying Semarak20.
Four companies were said to have submitted letters of intent to buy the building. However, Felcra Properties Sdn Bhd is still waiting for them to submit price offers for further action.
Meanwhile, the Rural and Regional Development Ministry, in a response published in the PAC report, said it is committed to ensuring that Felcra and Felcra Properties give regular status reports on the Semarak20 sale.
The ministry said these reports would be submitted to its top management through committee meetings chaired by the secretary-general or the deputy. – Bernama
