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Malaysia is on fire sale to foreign countries by UMNO-led BN

This is a series of Malaysia on fire sale events by UMNO-led government in the past.

1. 3 sen per 1000 gallons raw water export to Singapore @ By PM Tunku Abdul Rahman

2. Malaysia voluntarily to surrender KTM 999-year freehold land in Singapore to Singapore government @ By Daim under PM Mahathir.

3. Lost the Batu Puteh to Singapore in the ICJ @ By Abdul Hamid and Rais Yatim under PM Ahmad Badawi.

4. Handed over oil reserves worth about USD100 billion in Sabah water to Brunei secretly @ By PM Ahmad Badawi.

5. Allow foreigners free access to IDR like a no-man zone @ By PM Ahmad Badawi and PM Najib.

6. KTM land swap with Singapore @ By PM Najib.

None of these deals were approved by the parliament and benefiting Malaysians except to Singapore and Brunei.

What else in the fire sale waiting list?

Sell Johor land to Singapore through more sands smuggling?

Hand over Pulau Layang-layang to China in exchange of Proton cars export to China?

Hand over Penang Island reclaimed lands to local and foreign developers for a peanut?

Hand over local job markets to Bangladesh, Indonesia, Pakistan, Vietname, etc. to see more local criminals?

Hand over voting rights to Bangladesh and Indonesian workers?

High Comm: No delay in developing KTM land in S’pore

SINGAPORE: Development of several land parcels in Singapore under the KTM land swap is not expected to be delayed due to a decision to refer the matter to the Permanent Court of Arbitration over a dispute in charges.

“So far, we have had two meetings on the matter and the Attorney General of both countries are expected to take the case to the court,” Malaysian High Commissioner to Singapore Datuk Md Hussin Nayan said.

It is learnt that development charges, which applied to any business which wants to develop any land in Singapore, will be significant for the parcels of land to be developed.

The two neighbours agreed on the land swap deal for KTM in a breakthrough meeting between Prime Ministers Datuk Seri Najib Tun Razak and Lee Hsien Loong in September last year.

They left the quantum of development charges for the original railway land to be decided later.

Malaysia had accepted the offer for four land parcels in Marina South and two pieces in Ophir-Rochor in exchange for three parcels of KTM land in Tanjong Pagar, Kranji and Woodlands, and three pieces in Bukit Timah.

The two leaders, however, could not agree on the development charges payable on the three KTM land parcels in Tanjong Pagar, Kranji and Woodlands.

KTM vacated the Tanjong Pagar Railway Station last July.

Md Hussin believed that the issue would be resolved “quite quickly” through arbitration.

Asked if the issue could yet be settled out of court, he said that anything was possible because it was between the two countries.

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