Proposed sale: The Raintree Club of Kuala Lumpur was set up in 1983. There is a proposed resolution to dissolve the club, sell the 6.2 acres it is sited on and sale proceeds distributed to its 2,000 members.
PETALING JAYA: Another club may end up giving way to development, days after property developer Land and General Bhd announced plans to redevelop its club facilities on 36 acres in Bandar Sri Damansara, Petaling Jaya, and six months after Mah Sing Group Bhd
revised terms to buy the Sultan Salahuddin Abdul Aziz Shah Golf Course in Shah Alam.
This coming Sunday, members of the Raintree Club of Kuala Lumpur, among the oldest, will decide on a resolution proposing to dissolve the club, sell the 6.2 acres it is located on and distribute the proceeds to members, sources said. Due to the urgency of the matter, members were notified late last week.
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