Mr. Lim Guan Eng
Minister of Finance, Malaysia
Born in December 1960, Mr. Lim holds
In March this year The Edge reported:
So, this Request For Proposal with regards the sale of the same building makes no sense:
REQUEST FOR PROPOSAL (PERB/T/1/2019)APPOINTMENT OF AGENT TO DISPOSE MALAYSIA BUILDING IN HONG KONG
This Request for Proposal (RFP) is offered to Estate Agents (hereinafter referred to as "Agent") who have sufficient knowledge of the law relating to property and conveyancing in Hong Kong (registered with the Hong Kong Estate Agents Authority) and comply with one of the requirements specified below:
i. Malaysian registered Agent that has an office (subsidiary / associate / affiliate) registered in Hong Kong; or
ii. Agent registered in Hong Kong and has office (subsidiary / associate / affiliate) registered in Malaysia; or
iii. Malaysian registered Agent with Co-Agent registered in Hong Kong; or
iv. Agent registered in Hong Kong with Co-Agent registered in Malaysia. Request For Proposal
If the deal has fallen through, Minister Guan Eng needs to say why.Lim's March announcement means the sale,or at least the receipt of a deposit, needs to be reflected in Government accounts. If the deal fell through the entries need to be reversed, with an explanation in the notes to the accounts.
Further, the highly restrictive terms as to who can tender are ridiculous. Sales of this type can be easily advertised internationally by the Ministry Of Finance, and an offer accepted from the highest bidder.
Answers are required from all involved,