Hydroshoppe’s Abdul Hamid Shaikh Abdul Razak Shaikh says an initial 15-year agreement was extended to 30 years at a government meeting on Nov 9, 2022.
Read More:
https://www.freemalaysiatoday.com/category/nation/2025/03/31/outgoing-kl-tower-operator-claims-to-have-30-year-concession/
Laporan Lanjut:
https://www.freemalaysiatoday.com/category/bahasa/tempatan/2025/03/31/isu-menara-kl-syarikat-dakwa-diberi-konsesi-30-tahun/
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Read More:
https://www.freemalaysiatoday.com/category/nation/2025/03/31/outgoing-kl-tower-operator-claims-to-have-30-year-concession/
Laporan Lanjut:
https://www.freemalaysiatoday.com/category/bahasa/tempatan/2025/03/31/isu-menara-kl-syarikat-dakwa-diberi-konsesi-30-tahun/
Free Malaysia Today is an independent, bi-lingual news portal with a focus on Malaysian current affairs.
Subscribe to our channel - http://bit.ly/2Qo08ry
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NewsTranscript
00:00The purportedly departing operator of Kuala Lumpur Tower claims it has an existing 30-year
00:07concession to manage the iconic skyscraper.
00:12Hydroshop Sendram Berhad, the parent company of Manara Kuala Lumpur Sendram Berhad, said
00:18the government, its public-private partnership unit, and the communications ministry initially
00:24agreed to award a 15-year concession, effective January 1, 2025, until December 31, 2039.
00:51Hydroshop's managing director, Abdul Hamid Shaikh Abdul Razak Shaikh, also said the rumored
00:57eviction of Hydroshop and MKLSB from KL Tower had been called off.
01:03The two firms previously claimed the police in Kuala Lumpur City Hall would forcefully
01:08evict them from KL Tower yesterday.
01:12The communications ministry said MKLSB's management contract expired yesterday and LSH service
01:20master Sendram Berhad was awarded a 20-year concession in May 2024.