Sime Darby paid RM40 millions or only RM4 millions to DBKL for the royalty payment for the Bukit Kiara Land?

(To be updated later)

How about Kuala Lumpur Golf and Country Club (KLGCC) which was occupying a piece of land in Bukit Kiara of about 60 acres which belonging to DBKL for many years?  The said piece of  land has been used by KLGCC for free for many years and it was was only been paid for by Sime Darby recently for a about RM400 to RM500 millions. Sime Darby had to also pay to DBKL another RM40 millions as some form of royalty payment.  I am informed that the actual sum paid to DBKL was only RM4 millions. DBKL gave a “special discount” of RM36 millions! Why? Continue reading “Sime Darby paid RM40 millions or only RM4 millions to DBKL for the royalty payment for the Bukit Kiara Land?”