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NST: Stadium Merdeka - PNB to Announce Plan
3/2/2001 2:12 pm Sat
Pusat Stadium Merdeka (PSM) diberi kepada UEM dengan UEM membina kompleks
sukan Bukit Jalil yang bernilai RM800juta melalui satu perjanjian UEM
dengan kerajaan pada 1994. Menurut UEM, stadium merdeka bernilai RM 368 juta
Pada tahun 1998, UEM menangguhkan pembinaan semula pusat perniagaan
di PSM kerana kegawatan ekonomi. PSM merangkumi Stadium Merdeka, Stadium
Negara dan Changkat Pavillion.
PNB membeli majoriti PSM tersebut dari Danaharta, yang masih memiliki
kepentingan di dalamnya lewat tahun lepas.
Komen: Yang dikejar tak dapat, yang dikandung berciciran..... itulah
perancangan berwawasan atau yang mewas-waskan? Inilah lagi satu
bakat terpendam kroni tersayang yang dijulang oleh pemimpin Umno.
PNB to announce plan for 13ha prime property soon
18 January 2001
The company took over ownership of the property from United Engineers (M)
Bhd (UEM) after it purchased the land from Pengurusan Danaharta Nasional
Bhd late last year.
PNB chief executive Datuk Hamad Kama Piah Che Othman said at present, PNB
is working out the "relevant matters" of the land.
He said this is because Danaharta still holds a portion of ownership of the
property while PNB is having the majority stake.
He did not disclose the percentage share that Danaharta has on the project.
"Danaharta's task is to take over projects which have not been progressed.
The body (Danaharta) is free to sell the projects acquired (including the
Stadium Merdeka land) to any company," he told Business Times at the Golden
Hope Plantation Hari Raya gathering in Kuala Lumpur yesterday.
PNB took over the plot of land which is currently occupied by the three
national landmarks from UEM.
The land was reported to be owned by PNB subsidiary, PNB Merdeka Ventures
The Government had in a 1994 agreement granted UEM the right to develop the
site in exchange for building the RM800 million National Sports Complex in
The complex was completed on schedule for the 16th Commonwealth Games in
Stadium Merdeka Corp was formed in 1957 to manage Merdeka Stadium and
Stadium Negara and is now running the Bukit Jalil sports complex.
UEM had in 1998 said it was deferring plans to build four office tower
blocks and a retail complex on the site, given the economic downturn then.
In September, Business Times reported that it was still not clear whether
UEM had obtained all the necessary approvals to proceed with the proposed
UEM has said that the site, valued at RM368 million in 1994, would be
developed by Puncak Vista Sdn Bhd, a former wholly-owned subsidiary.
Since then, UEM has divested 70 per cent of Puncak Vista to Merdeka Park
Holdings Sdn Bhd.
Stadium Merdeka, Stadium Negara and Changkat Pavilion were supposed to be
demolished to build a five-star convention centre, a hotel, and residential
and commercial properties.