Thursday, July 1, 2010

NEWS FLASH - Santubong folks question the rationale of giving land to Zalpoint

The Santubong folks were using the land for agriculture since 1940 before they were approached by the Land and Survey Department on a plan to acquire the land for development purposes.

The department told them that they would be compensated.

And later they got to know that the land was given to a company by the name of Zalpoint which subsequently mortgaged it for a cool RM40million to RM60 million a year later.

The folks are not happy because (a) they are yet to get any compensation; and (b) the land is idling and no development is carrying out on the land.

To these folks, the Land and Survey Department was actually helping Zalpoint to 'steal' the land from them because till today they could not see any development on the land but the company (and its directors) has pocketed millions of ringgit.

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Information on Zalpoint in the net:-

ZECON Engineering Bhd is acquiring Zalpoint Corp Sdn Bhd, the concessionaire of a toll bridge in Kuching, Sawarak, for RM45 million.

Zecon entered into a conditional share sale agreement with Knowledge Capital Holdings Sdn Bhd, Capital Works Sdn Bhd and Capital Dredging Sdn Bhd yesterday to acquire the entire equity in Zalpoint Corp.

In an announcement to the Kuala Lumpur Stock Exchange, it said the sale will be satisfied via RM5.5 million cash and 9.59 million new Zecon shares of RM1 each, at RM4.12 a share.

Zalpoint Corp has been awarded the ...

(http://www.accessmylibrary.com/coms2/summary_0286-2857059_ITM) -

5 comments:

  1. Alangkah baik, kalau kita ada free press?

    Dapat tangkap orang minyak!

    ReplyDelete
  2. Jadi sidak kampung Santubong bego semua? Endak ngendak! Ya Sudarsono jua patut diselam di pante Santubong. Mancai na miak ya! Dapat di polong kah sidak ya semua?

    ReplyDelete
  3. sik da nak di takut mun sidak santubong ya ngamok. bila di berik t-shirt, duit rm20, aik sekotak, diam sidaknya lalu ngundi bn ... bisin tok jgn ndak jak sak sidak bn niat sidaknya. bila niat sidak bruit bisin, sidak pun ngekot juak. sik da benar bah. YB Dr. Abdul Rahman sik perlu takut ngan sidak tok. sedia jak aik kotak banyak2.

    ReplyDelete
  4. BN supporter,

    Benar kata you. Urang Melayu Sarawak beri keropok sebungkus dah diam.

    Gene mun sidak sedar, sidak dah dipolah macam binatang, hina, bangsat, sampah ...?

    Jaga kitak urang!!! :D

    Sidak ya dah ngeluh ....!

    hehehe!

    Sidak UMNO sik percaya lagi ngan Taib. Lain kali you baca berita sik bagus Taib, nya dah lari ngembak semua benda curiannya. You pun tersipu-sipu ngankat begnya! Kalaulah Taib beguna lagi dengan you! :D

    ReplyDelete
  5. pro-PR tapi anti-malayaJuly 6, 2010 at 11:02 PM

    ney ndak umno sik percayak ngan taib. sik da pa pa gik tinggal untuk sidak nya. lagikpun duit di malaya dah abit di makan sidak umno. sabah pun dah nak bengkrap di bedal sidaknya. tinggal sarawak jak gik.

    ReplyDelete