Real property agent will conduct open tender for sale of HK building, says Lim

A reserve price of RM1.6 billion has been set for the Malaysian consulate building in Hong Kong.

GEORGE TOWN: Finance Minister Lim Guan Eng reiterated that most of the projects and the sale of government assets have been done by open tender.

Responding to the MCA president Wee Ka Siong’s question why the finance ministry was now looking for an agent to sell the Malaysian consulate building in Hong Kong instead of using an open tender method, he said to have an open tender would involve the appointment of a real property agent first to conduct the open tender.

“The real property agent is also appointed by open tender. The entire process is by open tender, unlike during the previous government.

“So, I do not understand why he is questioning this whole arrangement when it is done by open tender.

“We hope Wee does not continue to pretend not to understand because he has pretended not to understand many times before just to play politics,” he told reporters after visiting fire victims at Jalan Batu Perempuan, Air Itam, here today.

Yesterday, The Star Online reported that Wee had asked whether it was the standard operating procedure for the Pakatan Harapan government to sell its assets overseas via middlemen and brokers.

Lim said the government had set the reserve price offer for the building at RM1.6 billion.