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[Tempatan] 1MDB sudah berjaya...! Tabung Haji bila nak pandai?

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Post time 7-5-2015 12:20 AM | Show all posts |Read mode
Tuesday, May 5, 2015
A new deal for Malaysia - TABUNG HAJI and 1MDB

Tabung Haji the pilgrims fund that manages billions of ringgit of depositors money appears to be bailing out PM Najib's scandal ridden sovereign debt fund 1MDB.

Tabung Haji has entered into a deal to purchase 2 plots of TRX land from 1MDB for a total sum of RM772 million cash. Tabung Haji is using depositors money and not government funds.

According to a set of documents made available to us, Tabung Haji is believed to have paid a whopping RM2,860 per square feet (RM194million) for the first plot of land. Little birds in Tabung Haji confirmed it was a fast-track deal which gained the Minister's approval in less than two weeks and that the money has been paid to 1MDB in full, as demanded. (see documents for details)

For the second plot of land in the same TRX vicinity Tabung Haji has agreed to pay RM3,900 per square feet (RM578million) in cash. Don't bother about the 'Signature Tower', its just a  

In both deals the risk analysis by experts in Tabung Haji is self evident (see documents).

Despite the high risk and a looming property and office space glut in Kuala Lumpur, Tabung Haji seems to be twisted into pumping cash into 1MDB for land which was initially owned by the Government.

1MDB, as exposed recently by former Prime Minister Dr Mahathir Mohamad, is believed to have been awarded the large track of Government owned TRX land in Jalan Tun Razak at a dirt cheap rate of RM60 per square feet.  

1MDB is also believed to have paid a slightly higher rate of about RM90 per square feet for the Sungai Besi RMAF airport/ base land.

Why is Tabung Haji now paying an average of between 48 to 65 times more for the same piece of Government land with the poor depositors money?

Basically 1MDB got Plot 1 for RM4 million from the Government and now Tabung Haji is paying RM194million.

For Plot 2, 1MDB got it for a mere RM8.9 million and Tabung Haji is buying it at RM578 million.

Is it halal or haram?

The Government led by Prime Minister Datuk Seri Najib Tun Abdul Razak appears oblivious to such massive scams in government and government agencies but would Tabung Haji depositors rise to put a stop to such blatant abuse of their hard earned money?

http://thebenchmark0.blogspot.co ... ml?spref=fb&m=1



pakcik kayoooo............!!!

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Post time 7-5-2015 12:21 AM From the mobile phone | Show all posts
Citer lama hoi
Th da reject proposal
Xtaula if higher authority still demand..
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 Author| Post time 7-5-2015 12:24 AM | Show all posts


mana satu ni????
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Post time 7-5-2015 01:03 AM | Show all posts
betul laaa sekarang ni kena hehati

surah AL Israa  ayat 33.

ni dah rejab , kan? bila isra mikraj?


sebab sekarang ni i lihat  banyak perception threat  to any GLCs... sapa  yg mkastermind ye

tengok kes MAS - sumber berita tak quoe bebetul , ni pasal TABUNG HAJI


harap SKMM siasat.

ada manusia atau organised network dok hentam dan manipulate perception ni.

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Post time 7-5-2015 01:03 AM | Show all posts
ada org dok mainkan sentimen TH pulak ye...
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Post time 7-5-2015 01:19 AM | Show all posts
th ni bukan si mamak tu yg urus sekarng kan
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Post time 7-5-2015 01:27 AM | Show all posts
Proposal approved on 20 APRIL 2015, lepas 2 minggu, money disbursed. Klik http://thebenchmark0.blogspot.co ... abung-haji-and.html for details. Tahniah, satu lagi kejayaan regim kangkong!
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Post time 7-5-2015 01:30 AM | Show all posts
link apa kau tempek tu kangghkung
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Post time 7-5-2015 01:32 AM | Show all posts
Lepas ni duit Kumpulan Amanah Pencen dan KWSP pulak. Kedua2 tu combined assets almost RM1 trillion. 1MDB "Be bold and daring… to break new ground and do things differently", Prime Minister Dato’ Sri Mohd Najib Tun Haji Abdul Razak  instructs the 1MDB team on 11 January 2010. Tahniah..
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Post time 7-5-2015 01:39 AM | Show all posts
apa kes ni... 1mdb nak guna duit tabung haji ke... ish ish ish makin teruk la kalau camni...
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Post time 7-5-2015 01:40 AM | Show all posts
bila nak turun!!
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Post time 7-5-2015 01:43 AM | Show all posts
sapa yg turun tu....
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Post time 7-5-2015 01:44 AM From the mobile phone | Show all posts
Actually market price area situ rm7000 psf.cth pavillion,kalau TH dpt rm2800 psf memang berbaloi.
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Post time 7-5-2015 01:47 AM | Show all posts
berbaloi la sangat.... macam mahal je
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Post time 7-5-2015 01:54 AM | Show all posts
karlmax8 replied at 7-5-2015 01:44 AM
Actually market price area situ rm7000 psf.cth pavillion,kalau TH dpt rm2800 psf memang berbaloi.

Tapi kedua-dua kawasan tu tak sama kan? Anyway, Tan Sri Desmond Lim berjaya menjadikan projek Pavillion satu kebanggaan warga KL.
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 Author| Post time 7-5-2015 01:55 AM | Show all posts
karlmax8 replied at 7-5-2015 01:44 AM
Actually market price area situ rm7000 psf.cth pavillion,kalau TH dpt rm2800 psf memang berbaloi.

untung hotak ko........!

tanah kat segitiga emas KL pun baru RM3,188psf

ko nie jenis katak dalam tempurung?


SELASA, 7 APRIL 2015 @ 7:36 PM
MRCB beli tanah RM259.16j di pusat bandar KL
Shahrizan Salian shahrizan_salian@bh.com.my


KUALA LUMPUR: Legasi Azam Sdn Bhd (LASB), anak syarikat milik penuh MRCB Land Sdn Bhd akan membeli sebidang tanah milik Kedutaan Jerman di Jalan Kia Peng di sini dengan harga RM259.16 juta. MRCB Land yang dimiliki sepenuhnya oleh Malaysian Resources Corporation Bhd (MRCB), akan membangunkan tanah itu seluas 7,552.2 meter persegi yang pernah menjadi kediaman rasmi Duta Jerman ke Malaysia hingga Jun 2013.


Mengikut MRCB dalam kenyataannya, pembelian itu adalah sebahagian strategi MRCB meninjau peluang mengembangkan operasinya, dengan visi mewujudkan nilai pemegang saham melalui pertumbuhan jangka panjang yang mapan dan kukuh. Perjanjian jual beli itu dimeterai hari ini di Kedutaan Jerman yang mana LASB diwakili Pengarah Urusan Kumpulan MRCB, Tan Sri Mohamad Salim Fateh Din manakala kerajaan Jerman diwakili Dutanya ke Malaysia, Holger Michael.


Lembaga Pengarah MRCB optimis terhadap prospek pembangunan di kawasan berkenaan selepas mengambil kira kekurangan tanah pegangan bebas yang ada di sekitar kawasan pembangunan Kuala Lumpur City Centre (KLCC). Pembelian itu juga terus membuktikan trek rekod MRCB dalam melaksanakan strategi simpanan tanahnya bagi mencapai pertumbuhan pulangan jangka panjang.


Mengulas langkah membeli tanah di lokasi eksklusif dan perdana itu, Mohamad Salim berkata bekalan tanah adalah tidak anjal manakala kos simpanan tanah akan terus meningkat. Bagaimanapun, katanya simpanan tanah adalah satu proses berterusan kepada semua pemaju seperti MRCB kerana ia mustahak bagi pertumbuhan perniagaan.

Selanjutnya di : http://www.bharian.com.my/node/46191

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Post time 7-5-2015 01:56 AM | Show all posts
bukan semua tu umno yg buat ke.... umno selalu cakap takda umno negera mundur tau
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Post time 7-5-2015 01:58 AM From the mobile phone | Show all posts
Bagi orang biasa memang mahal,tapi bagi investor even kalau th beli 2800 psf then jual below market price rm 6000psf,dah untung 500juta on the spot.duit tu boleh bagi dividen kat penyimpan sampai 10pcnt setahun.cuba semak market price,even 1 unit condo troika cost 2M plus,kali kan 90 unit for 1 blok yg cuma keluasan 5000sqft dah 180M. Yg TH beli keluasan 100000sqft,would generate 3 billion.
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 Author| Post time 7-5-2015 01:59 AM | Show all posts
EXCLUSIVE: Lembaga Tabung Haji is buying 1MDB's TRX parcels of land?
06 May 2015         Super User


The Pilgrim Fund Board of Malaysia (referred to as "Lembaga Tabung Haji") is said to be acquiring two plots of land from 1MDB Real Estate Sdn Bhd (1MDB-RE).

According to leaked documents sighted by PTLM on the Internet recently, Lembaga Tabung Haji's property arm, TH Properties Sdn Bhd (TH) was said to be in the process of acquiring two subdivided plots of land from 1MDB for a total consideration of RM772 million.

These leaked proposal documents have not been verified by PTLM or any other business media. The full content is being summarised as below.

*** *** ***

The said two freehold plots of land are located within the Tun Razak Exchange (TRX) megaproject, of which 1MDB-RE is the landowner and master developer.

1MDB-RE is the real estate subsidiary of cash-strapped 1Malaysia Development Berhad (1MDB), a strategic investment company wholly-owned by the Government of Malaysia.

These plots of land will come with access infrastructure and other amenities which will be built by the master developer and/or its joint venture partners in accordance to the approved TRX Masterplan.

The first plot of land is Plot B.10.15-RT. It has a total land area of approximately 67,792 sq ft or 1.56 acres.

The site is located on the western side of TRX fronting Jalan Barat to the west and will overlook a large public park and underground retail area to the east. Next to the site will be two residential service apartment blocks and a commercial block.

This plot will be purchased at RM2,860 psf or a total consideration of RM193.8 million. Interestingly, this was lower than 1MDB-RE's initial asking price of RM3,100 psf or RM210 million.

The said plot is being planned for one block of 40-storey luxury service apartments with a sky club. Its total gross development value (GDV) is expected to be RM828 million which would translate into an average selling price of RM1,700 psf for each apartment unit.

It will comprise of 516 apartment units, a retail floor area of 11,840 sq ft and 681 carpark bays. The total development costs excluding land cost is projected to be RM462 million.

The second plot of land is Plot C7.7-CT. It has a total land area of approximately 148,105 sq ft or roughly 3.40 acres.

The site is located in the heart of TRX with the objective to act as an anchor to TRX main components comprising a large public central park, the Lifestyle Quarter which includes a retail mall, an interchange MRT station (Line 1 and Line 2) - the largest underground MRT station in Malaysia, a proposed trading hub as well as international 5-star and business hotels.

This plot will be purchased at RM3,900 psf or a total consideration of RM577.6 million. Again, this was apparently lower than 1MDB's initial asking price of RM4,200 psf or RM620 million.

It was widely acknowledged by practitioners in the property industry that parcels of land within TRX has been approved-in-principle for a development plot ratio as high as 1:18, which is amongst the highest ever heard in Kuala Lumpur. This explains the high reserve price now set by 1MDB-RE.

This plot of land was earlier earmarked for a "Signature Tower", which is a 74-storey 'Grade-A', green-rated office tower that will be the centerpiece of the Financial Quarter and the focal point of TRX as a whole. The total development costs excluding land cost is projected to be RM1.978 billion.

The first plot of land was valued by Jones Lang Wootton Malaysia whereas the second plot of land was valued by DTZ Nawawi Tie Leung.

Astonishingly, 1MDB, which was exposed recently by former Prime Minister Tun Dr Mahathir Mohamad in his personal blog, is believed to have been awarded several years ago the large track of Government-owned TRX land for roughly RM320 million, or at an average of only RM105 psf (some plots could be lower than RM100 psf).

The leaked proposal documents further mentioned that the completed "Signature Tower" will be leased back to the master developer for a period of 5 years at a Net Yield of 5.5% per annum on the actual total development and land costs incurred.

The master developer will market and secure potential reputable office tenants for TH and will ensure compliance to sharia requirements, which is a major requirement for TH.

The rental income will form the underlying guaranteed income to TH. Hence, the total guaranteed income will certainly be dependent on the potential occupancy level and rental rates for the total lettable commercial space during the guaranteed period.

The "Signature Tower" building is presumed to achieve just slightly over 8% in net yield if the building is rented out at RM15 psf and if it is 100% occupied. This is assuming the site was purchased at RM578 million and the total development costs is RM1.978 billion.

Already, there is a widening gap between demand and supply for office space. The total office supply in Greater Kuala Lumpur now stood at closer to 100 million sq ft, which is more than Singapore's 80 million sq ft. A projected future office supply of 23 million sq ft is expected to hit the market by end of 2017.

This risk factor is thought to be mitigated by virtue of the 70-acre TRX being positioned as Kuala Lumpur's premier financial and business hub with tax incentives for owners/tenants that fall under marquee incentives such as accelerated capital allowances (100% over 2 years), stamp duty retention and 50% additional tax deduction on renovation expenses.

It is unclear if tenants would still be able to get another approved incentive, which is an additional 50% deduction (total of 150%) on rental of any premise within TRX, which presumably included the "Signature Tower", for a period of 10 years.

This is because a deduction of rental would reduce the said rental income for 1MDB, who will have to pay for any shortfall from the guaranteed income to the owner TH.

It was noted that TH would automatically qualify as a "TRX Approved Developer" once the deal is completed. This means that TH will enjoy a tax exemption on 70% of its statutory income from the sale of service apartments and the rental of office space located in TRX. This exemption applies for a maximum period of 5 years.

The entire TRX Masterplan will be certified as Leadership in Energy and Environmental Design Development (LEED-ND) and Green Building Index (GBI) Township.

TRX will be equipped with Smart City Infrastructure comprising TRX Security, Urban Operating System, Digital Homes, Mobile and Wireless Cloud and Smart Waste System among others.

In March 2015, 1MDB roped in Australia's Lend Lease [click for news] to jointly develop TRX's Lifestyle Quarter, which is the retail focal point for TRX, that will be built over 16.8 acres of land within TRX. It has a potential GDV of over RM8 billion upon completion.

To recap back in April 2013, 1MDB awarded its first package of earthworks and substructure contract to WCT Berhad worth RM169 million. In September 2014, 1MDB signed a 20-year concession agreement with Veolia Water Technologies Southeast Asia for wastewater treatment and recycled water supply in TRX.

More recently, government-linked property developer Malaysian Resources Corporation Berhad (MRCB) surprised the market [click for news] when it won the deal to buy the 1.86-acre German Embassy Land at Jalan Kia Peng for RM3,188 psf, or RM259.1 million.

Singapore listed property developer, Oxley Holdings Ltd bought a 3.11-acre piece of freehold land in Jalan Ampang for RM3,300 psf, or RM446.7 million in November 2013. The following month saw KSK Land Sdn Bhd buying a 3.95-acre freehold parcel at Jalan Conlay for RM3,299 psf.

Further back in September 2010, Urusharta Cemerlang Sdn Bhd, whose parent company owns the Pavilion KL shopping mall, bought a tiny strip of leasehold land in front of the mall from Singapore billionaire Kwek Leng Beng for a record price of RM7,209 psf.

This land is now being developed as a 51-storey mixed use tower consisting of a 10-storey extension to the retail mall and 382 residential units plus 1 unit of penthouse known as Pavilion Suites Kuala Lumpur. The residential units went on exclusive sale at an average price of RM3,000 psf per unit.

- See more at: http://www.ptlm.com.my/index.php ... thash.h1ZV3DuL.dpuf

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Post time 7-5-2015 02:01 AM | Show all posts
habis camtu je duit makcik pakcik kampung ...kesian mereka...
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