Meeting for all Purchasers

Dear fellow purchasers,

The Bandar Golden Valley Action Committee (BGVAC) is organizing a meeting for ALL PURCHASERS of bungalow lots at the Bandar Golden Valley Golf Resort this coming Sunday. We have important matters to discuss and every effort should be made to attend this meeting. Hope to see you there.

The details are as follows:

Time : 2.30 pm

Date : Sunday 17^th October, 2010

Venue: The Lotus Restaurant

Lot. No. PJ 4281 State Theatre

Jalan Yong Shook Lin, 46000 Petaling Jaya

Selangor

Tel: (03) 7954-6281

Note that the hall is within the Lotus Restaurant, which in turn is located within the old State Cinema. It is walking distance from Menara MBPJ and also Dewan Sivik in Petaling Jaya.

You can view a map here http://maps.google.com/maps?t=h&hl=en&ie=UTF8&ll=3.098444,101.64555&spn=0.005399,0.028625&z=15&pw=2

Calling All Buyers

Hello guys,

We really need help here. We need a mandate to move forward in our fight to get back our land or cash. So spread the word to buyers who are unaware of our group and get them to contact the chairman. Time is of the essence as we plan our next move. So we need a final head count before we proceed. Please respond by the first week of October.

Notice of Petition to Wind Up Yeng Chong

Hi guys! Our attention has been drawn to this petition notice which was advertised in The Star's Classified's section on Sept 7:

IN THE HIGH COURT OF MALAYA
ATJOHOR BAHRU
IN THE STATE OF
JOHOR DARUL TAKZIM
COMPANIES (WINDING UP)
NO. 28-170 OF 2010

In the matter of Section 218 of
the Companies Act, 1965
And
In the matter of YENG
CHONG REALTY BHD.
(Co. No. 43410-U)
Between
SANTA A/P S.CHINAIYAH
(NRIC NO. 620715-01-5060)
...Petitioner
And
YENG CHONG REALTY BHD.
(Co. No. 43410-U)
...Respondent

ADVERTISEMENT OF PETITION
NOTICE IS HEREBY GIVEN THAT
a Petition for the Winding-Up
of the abovenamed Company
by the High Court was on the
17th. day of August, 2010
presented by SANTA A/P
S.CHINAIYAH and that the
said Petition is directed to be
heard before the Court sitting
at Johor Bahru on the 5th day
of OCTOBER, 2010 at 8.30
a.m and any Creditor or
Contributory of the said
Company desiring to support
or oppose the making of an
Order on the said Petition
may appear at the time of
hearing by himself/itself or
his/its Counsel for that
purpose and a copy of the
Petition will be furnished to
any Creditor or Contributory
of the said Company requiring
the same by the undersigned
on payment of the regulated
charge of the same.
The Petitioner's address is at
Block A, #05-27 Bayu Puteri
Dua, Jalan Bayu Puteri,
80150 Johor Bahru, Johor.
The Petitioner's Solicitors are
Messrs Elyas Majeed & Co.,
Advocates & SoIicitors, No. 8-A,
1st Floor, Jalan Tan Hiok
Nee, 80000 Johor Bahru.
Dated this 7th day of
September, 2010

SIGNED
MESSRS ELYAS MAJEED & CO.
SOLICITORS FOR THE
PETITIONER

NOTE: Any person who
must serve on or send by post
to the abovenamed Messrs
Elyas Majeed & Co, notice in
writing of his intention to do
so. The Notice must state the
name and address of the
person or if a firm the name
and address of the firm and
must be signed by the person
or firm or his or their Solicitor
(if any) and must be served or
if posted must be sent by post
in sufficient time to reach the
abovenamed not later than
12.00 o'clock noon on the 4th
day of October, 2010.

THIS ADVERTISEMENTOF PETITION
is filed by Messrs Elyas Majeed & Co.,
Solicitors for the Petitioner herein and
whose address for service is at
No.8-A (Tingkat 1), Jalan Tan Hiok Nee,
80000 Johor Bahru,
Johor Darul Takzim
Tel. No; 07-2242318/2262318
Fax No; 07-2222318
(Ref No; EM/F(P)/eza/1696/08 (C)).

Yeng Chong's new address

Thanks to Dominic, we now know that Yeng Chong's new address is:

2, Jalan Excella 2
Taman Ampang Hilir
57100 Kuala Lumpur

The telephone number is unchanged but no one seems to be picking up the phone.

What A Joke!

I came across this gold privilege card to the Bandar Golden Valley Golf Resort while rummaging through the files and thought I should include this in the blog just to lighten the mood, although it is a serious matter for the developer to issue flashy cards that have no value. How can Yeng Chong Realty Bhd issue such a card when the resort is non-existent? Many purchasers had believed that the golf club adjacent to the land were part of the property, only to realise later when they visited the club that it had nothing to do with Yeng Chong. It has been 11 years and we are still waiting for the privilege of using the golf resort. It's a laugh really, being given membership to a non-existent place! We are anxiously waiting for the Attorney-General's office to make a decision on the police investigation to our report.

Case with AG's office

Hello folks! We had a productive day yesterday and have some updates for you. First the good news. We finally got a meeting with the police officers in charge of the case and they told us that they had completed their investigations. They have submitted their report to the Attorney-General's office on July 7, 2010. We pray and hope that the AG's office will deliberate on the case soon. Our next stop was the office of the Malaysia Building Society Bhd (MBSB). An officer in charge of the case said they were to meet Yeng Chong Realty Bhd soon, in a session to be mediated by a judge. They claimed that Yeng Chong owed them RM850 million for two different projects. We were also told that Yeng Chong lodged a police report against MBSB shortly after our police reports. Unfortunately, we were not privy to the contents of the report. Finally, the surprise of the day! We attempted to get Yeng Chong's side of the story and so we visited Yeng Chong's office in Excella Business Park. And what do we know? The whole place was locked. There was a big steel door there and nobody answered the bell. As we were leaving, we asked a guard what had happened. The guard said that Yeng Chong had moved office a week earlier, but informed no one where they were going! We, the purchasers, have also not been told of the new address.

Slow progress

Hello people! Sorry, I have not blogged for some time as investigative work by the police seems to be slow-moving. MBSB's promise to arrange a meeting with Yeng Chong Realty Bhd to thrash out our problems is also not happening.

Interestingly, some Real Estate website has posted our plight at their site. Do go and take a look, although some of the comments are not so kind. But then some people make comments without knowing the true situation.