The 2.04ha Malay reserve land in Kampung Sungai Merab, bordering Dengkil and Semenyih, is among assets owned by the cooperative.
THE Kuala Lumpur City Hall (DBKL) officers’ cooperative is facing a liquidity crisis.
Unproductive investments made by the board management has left its coffers empty, leaving retired members who want to withdraw their funds in the lurch.
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Datuk Kamarulzaman Mat Salleh
A notice outside the KPPDBKL office states that the cooperative is closed and a contact number is given, but the line has since been disconnected.
The KPPDBKL office at Wisma KOP DBKL in Jalan Cheras is one of several assets, including land banks and a shoplot, that the cooperative owns. — LOW BOON TAT/The Star
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