Berjaya calls enforcement on its hill resort ‘unconscionable and totally unacceptable’ amid quit rent hike dispute
Berjaya Hills Resort has condemned the Pahang state government's enforcement actions against its properties following a long-standing dispute over a massive quit rent hike. The company is currently seeking legal recourse at Malaysia's highest court after failing to overturn the tax increase in lower courts.
Why it matters
The dispute highlights significant tensions between private developers and state authorities regarding land taxation, potentially impacting investor confidence in the region.
BURSA SGX Home Highlight Make The Edge Malaysia your preferred source on Google KUALA LUMPUR (Oct 2): Berjaya Hills Resort Bhd, part of Berjaya Corp Bhd (KL: BJCORP ), said the enforcement on its properties by the Pahang authorities was “unconscionable and totally unacceptable”.
The action, taken amid dispute over a sharp jump in quit rent, was also “unreasonable” and impinges on Berjaya Hills’ legitimate expectation to carry on its business and operations in a peaceful manner, the company said in a statement following forfeiture of premises on Sept 28.
“Such actions by the Pahang state government will negatively and adversely affect future investments by both local and foreign investors in the state of Pahang,” Berjaya Hills said.
Berjaya Hills owns land and operates hotels and resorts in the highland destination near Bentong including Colmar Tropicale, The Chateau Spa & Wellness Resort and Berjaya Hills Golf Resort.
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