Malaysia wants better offers for HK building sale, says Guan Eng

The government is planning to sell the Malaysia Building on Gloucester Road in Wanchai, Hong Kong. (Facebook pic)

GEORGE TOWN: Putrajaya has yet to receive any deposit for a Malaysian government-owned building it has put up for sale in central Hong Kong, Finance Minister Lim Guan Eng said today after an MCA leader urged it to show proof that it had got an offer of RM1.6 billion.

He said the government preferred to wait for better offers for the sale of the Malaysia Building on Gloucester Road in Wanchai, Hong Kong.

Lim said if the government accepts a deposit for the RM1.68 billion bid for the property, it would not be able to seek higher offers.

Earlier, MCA president Wee Ka Siong asked the government to show proof of deposit from the interested party who offered to buy the building at RM1.68 billion.

Speaking to reporters at the High Court here to attend his defamation trial against Gerakan’s Jason Loo, Lim dismissed the request.

He said it would be “silly” for the government to accept deposits when the sale of the building is now based on open bidding.

He said the previous government wanted to sell the building for less than RM1.1 billion.

Lim also took Wee to task for “nitpicking” on the standard of English of the offer letter for the building’s sale.

“You are talking about money or language? Which is more important, language or money?” he asked.

“I think language of money is universal… if they are willing to pay, that is more important?” he asked.