Kiaramas Development
What we found
In Kiaramas Development Sdn Bhd v Perbadanan Pengurusan Kiaramas Cendana [2016] 1 LNS 1539, the Federal Court granted leave to appeal on whether Clause 19 of Schedule H of the Housing Development (Control & Licensing) Regulations 1989 makes it mandatory for a developer to collect monthly service charges from buyers before a JMB or management corporation is set up.
The evidence
Regulatory and legal
In May 2016 the Federal Court granted leave to appeal in a dispute between Kiaramas Development Sdn Bhd and the Kiaramas Cendana management corporation (Perbadanan Pengurusan Kiaramas Cendana). The question was whether Clause 19 of Schedule H of the Housing Development (Control & Licensing) Regulations 1989 obliges a developer to collect monthly service charges from buyers before a JMB or management corporation is set up.
Corporate continuity
PositiveKiaramas Development Sdn Bhd (199101010174 / 220486-K) was incorporated on 9 July 1991 as a private limited company and still operates in property development.
2 more findings
Kiaramas Development Sdn Bhd is part of the Asia Quest Group of companies, which was established in 1991 with property and real estate development as its primary activities.
Kiaramas Development, the developer of Kiaramas Danai, belongs to the Asia Quest Group.
