Plot of 25, 000 acres Oil Palm land Kinabatangan, Sabah

Plot of Oil Palm Estate land

For Sale

Kinabatangan, Sabah

Contact :

AHMAD LUTFI RAHMAD

60129242709 ( Whatsap ONLY )

[email protected]

Asking

MYR $ 882, 500, 000.00

MYR $ 35, 300.00 / acre

MYR 0.82 psf

Furnishing

Fully Furnished

Built-up

1, 089, 000, 000 sf

Listing

For Sale

Allowed Uses:

YES Residential

YES Workers Accommodation

YES Office

YES Business Block

YES Factory

YES Commercial Asset

NOT PRACTICAL Restaurant / Lounge

YES Development Building

NOT PRACTICAL Retail

YES Engineering Complex

YES Warehouse / Storage

Oil Palm Mill :

There are two oil palm mill and / or factory in Keningau and Sook area Namely or business call as Sabah Land Development Board Oil Palm Mill and Kim Loong Resources Oil Palm Mill Company

PRICE :

MYR $ 882, 500, 000.00

MYR $ 35, 300.00 / acre

MYR $ 0.82 / sqft

Market:

MYR $ 0.80 / sqft MYR $ 1.00 sqft

MYR $ 34, 848.00 / acre MYR $ 43, 560.00 / acre

MYR $ 871, 200, 000.00 MYR $ 1, 089, 000, 000.00

Note :

7% lower than average market valuation

MYR $ 0.07 sqft lower than average market valuationbased on terms of issuing

Owner Instruction :

1 . The land current owner and / or operator has guided and issued that a Letter Of Interest ( LOI ) is REQUIRED for acquiring and / or buying the Agriculture Approval and Local Ownership field . Any genuine or potential buyer will only be arranged or bond for

discussion and / or meeting between Owner and interested or potential buyer / company

LOI recipient :

THE VENDOR OF

BORNEO GLOW SDN. BHD

KENINGAU ESTATE, CL --(Phone number)-- AND CL --(Phone number)--,

SUNGAI MILLIAN LABAU, DAERAH KINABATANGAN, SABAH

Director :

MR. YAP KEAT CHOON

Director, Borneo Glow Sdn. Bhd.

Option Holder :

MR. ANG KHIN WAH

ID : --(Phone number)--

Proxy :

MR. WEE BOON LEONG

Introducer :

EN. AZMI MUSTAPA ( DAENG RAJA HOLDINGS )

Proposer :

EN. AHMAD LUTFI RAHMAD ( AKK NIAGA ENTERPRISE )

Whatsap : --(Phone number)--

Mail :

2 . To confirm here the intention to acquire the Oil Palm Estate Lands free from any encumbrances at the purchase of Ringgit Malaysia of

PRICE:

MYR $ 882, 500, 000.00

MYR $ 35, 300.00 / acre

MYR $ 0.82 / sqft

Market:

MYR $ 0.80 / sqft MYR $ 1.00 sqft

MYR $ 34, 848.00 / acre MYR $ 43, 560.00 / acre

MYR $ 871, 200, 000.00 MYR $ 1, 089, 000, 000.00

Note :

7% lower than average market valuation

MYR $ 0.07 sqft lower than average market valuationbased on terms of issuing

3 . Copy of Scanned Colour Copy Bank Draft issued to Owner of 25, 000 acres 1 Lot Agriculture Oil Palm Estate Area and Local Ownership Compound Block Zone Area Grant Field Estate, BORNEO GLOW SDN. BHD KENINGAU ESTATE, CL --(Phone number)-- AND CL --(Phone number)--, SUNGAI MILLIAN LABAU, DAERAH

KINABATANGAN, SABAH with amount 15% ( MYR $ 132, 375, 000.00 ) during bonding / commencement of Letter Of Intend ( LOI ) Document under the name of

THE VENDOR OF

BORNEO GLOW SDN. BHD.

KENINGAU ESTATE, CL --(Phone number)-- AND CL --(Phone number)--,

SUNGAI MILLIAN LABAU, DAERAH KINABATANGAN,

SABAH, MALAYSIA

ATTENTION :

MR. YAP KEAT CHOON

Director, Borneo Glow Sdn. Bhd.

4 . Letter Of Intend ( LOI ) on the letter head of the Purchaser and / or Acquirer either in Bahasa Malaysia and / or English Language under the name of

LOI recipient :

THE VENDOR OF

BORNEO GLOW SDN. BHD

KENINGAU ESTATE, CL --(Phone number)-- AND CL --(Phone number)--,

SUNGAI MILLIAN LABAU, DAERAH KINABATANGAN, SABAH

Director :

MR. YAP KEAT CHOON

Director, Borneo Glow Sdn. Bhd.

Option Holder :

MR. ANG KHIN WAH

ID : --(Phone number)--

Proxy :

MR. WEE BOON LEONG

Introducer :

EN. AZMI MUSTAPA ( DAENG RAJA HOLDINGS )

Proposer :

EN. AHMAD LUTFI RAHMAD ( AKK NIAGA ENTERPRISE )

Whatsap : --(Phone number)--

Mail :

5 . Upon receiving it, 14 days S&P Agreement will be done, and 20%

( MYR $ 176, 500, 000.00 ) will be paid Under the name of

THE VENDOR OF

BORNEO GLOW SDN. BHD.

KENINGAU ESTATE, CL --(Phone number)-- AND CL --(Phone number)--,

SUNGAI MILLIAN LABAU, DAERAH KINABATANGAN,

SABAH, MALAYSIA

ATTENTION :

MR. YAP KEAT CHOON

Director, Borneo Glow Sdn. Bhd.

6 . To attached and / or deliver copy of Proof of Fund and / or Financial Report of the company

7 . To deliver and enclose company Profile, MAA, Form 24, 44 & 49 for the acquired and buying company or developer

8 . Of which the FULL PAYMENT OF 65% ( MYR $ 573, 625, 000.00 ) will be paid within 3 Months Under the name of

THE VENDOR OF

BORNEO GLOW PLANTATION SDN. BHD.

KENINGAU ESTATE, CL --(Phone number)-- AND CL --(Phone number)--,

SUNGAI MILLIAN LABAU, DAERAH KINABATANGAN,

SABAH, MALAYSIA

ATTENTION :

MR. YAP KEAT CHOON

Director, Borneo Glow Sdn. Bhd.

9 . Acquirer and Buyer are not allowed or permitted to withdrawn / decline From Sales Process and / or Communication once LOI received And acknowledged by the Owner or Appointed Legal Firm

10 . Name / Appointed Solicitor by the Buying Developer and / or Financier for the said and mentioned transaction or guarantee together with the Letter Of Appointment / Indictment Of Representation for the said Solicitors and / or Legal Firm

11 . The purchase of the estate shall also included the acquisition of the land properties :

11.1 . Oil Palm Estate Land Area ( 25, 000 acres ).

11.2 . Other Properties belongs to the land.

12 . Copy of the proposed and planned payment of the balance or Outstanding purchase price / value is by way of a cash settlement and / or telegraphic transfer or a loan arrangement

13 . Copy of the appointed and assigned Banker, if outstanding or credit Will be paid according / based on Loan Arrangement and / or Proposal

SOIL SERIES :

Keningau Estate

The soil series found on the land comprises of the following :-

Telemong – Akob – Tanah Lanar Tempatan

Batu Anam – Durian

Batu Anam – Melaka – Tavy

Serdang Bungor – Munchong

Observations :

The Plantation and / or Asset is located 13 km away from the nearest town, Sook

Annual Tax :

Un Available

Allowed Uses:

YES Residential

YES Workers Accommodation

YES Office

YES Business Block

YES Factory

YES Commercial Asset

NOT PRACTICAL Restaurant / Lounge

YES Development Building

NOT PRACTICAL Retail

YES Engineering Complex

YES Warehouse / Storage

Oil Palm Mill :

There are two oil palm mill and / or factory in Keningau and Sook area Namely or business call as Sabah Land Development Board Oil Palm Mill and Kim Loong Resources Oil Palm Mill Company

PRICE :

MYR $ 882, 500, 000.00

MYR $ 35, 300.00 / acre

MYR $ 0.82 / sqft

Market:

MYR $ 0.80 / sqft MYR $ 1.00 sqft

MYR $ 34, 848.00 / acre MYR $ 43, 560.00 / acre

MYR $ 871, 200, 000.00 MYR $ 1, 089, 000, 000.00

Note :

7% lower than average market valuation

MYR $ 0.07 sqft lower than average market valuationbased on terms of issuing

Owner Instruction :

1 . The land current owner and / or operator has guided and issued that a Letter Of Interest ( LOI ) is REQUIRED for acquiring and / or buying the Agriculture Approval and Local Ownership field . Any genuine or potential buyer will only be arranged or bond for

discussion and / or meeting between Owner and interested or potential buyer / company

LOI recipient :

THE VENDOR OF

BORNEO GLOW SDN. BHD

KENINGAU ESTATE, CL --(Phone number)-- AND CL --(Phone number)--,

SUNGAI MILLIAN LABAU, DAERAH KINABATANGAN, SABAH

Director :

MR. YAP KEAT CHOON

Director, Borneo Glow Sdn. Bhd.

Option Holder :

MR. ANG KHIN WAH

ID : --(Phone number)--

Proxy :

MR. WEE BOON LEONG

Introducer :

EN. AZMI MUSTAPA ( DAENG RAJA HOLDINGS )

Proposer :

EN. AHMAD LUTFI RAHMAD ( AKK NIAGA ENTERPRISE )

Whatsap : --(Phone number)--

Mail :

2 . To confirm here the intention to acquire the Oil Palm Estate Lands free from any encumbrances at the purchase of Ringgit Malaysia of

PRICE:

MYR $ 882, 500, 000.00

MYR $ 35, 300.00 / acre

MYR $ 0.82 / sqft

Market:

MYR $ 0.80 / sqft MYR $ 1.00 sqft

MYR $ 34, 848.00 / acre MYR $ 43, 560.00 / acre

MYR $ 871, 200, 000.00 MYR $ 1, 089, 000, 000.00

Note :

7% lower than average market valuation

MYR $ 0.07 sqft lower than average market valuationbased on terms of issuing

3 . Copy of Scanned Colour Copy Bank Draft issued to Owner of 25, 000 acres 1 Lot Agriculture Oil Palm Estate Area and Local Ownership Compound Block Zone Area Grant Field Estate, BORNEO GLOW SDN. BHD KENINGAU ESTATE, CL --(Phone number)-- AND CL --(Phone number)--, SUNGAI MILLIAN LABAU, DAERAH

KINABATANGAN, SABAH with amount 15% ( MYR $ 132, 375, 000.00 ) during bonding / commencement of Letter Of Intend ( LOI ) Document under the name of

THE VENDOR OF

BORNEO GLOW SDN. BHD.

KENINGAU ESTATE, CL --(Phone number)-- AND CL --(Phone number)--,

SUNGAI MILLIAN LABAU, DAERAH KINABATANGAN,

SABAH, MALAYSIA

ATTENTION :

MR. YAP KEAT CHOON

Director, Borneo Glow Sdn. Bhd.

4 . Letter Of Intend ( LOI ) on the letter head of the Purchaser and / or Acquirer either in Bahasa Malaysia and / or English Language under the name of

LOI recipient :

THE VENDOR OF

BORNEO GLOW SDN. BHD

KENINGAU ESTATE, CL --(Phone number)-- AND CL --(Phone number)--,

SUNGAI MILLIAN LABAU, DAERAH KINABATANGAN, SABAH

Director :

MR. YAP KEAT CHOON

Director, Borneo Glow Sdn. Bhd.

Option Holder :

MR. ANG KHIN WAH

ID : --(Phone number)--

Proxy :

MR. WEE BOON LEONG

Introducer :

EN. AZMI MUSTAPA ( DAENG RAJA HOLDINGS )

Proposer :

EN. AHMAD LUTFI RAHMAD ( AKK NIAGA ENTERPRISE )

Whatsap : --(Phone number)--

Mail :

5 . Upon receiving it, 14 days S&P Agreement will be done, and 20%

( MYR $ 176, 500, 000.00 ) will be paid Under the name of

THE VENDOR OF

BORNEO GLOW SDN. BHD.

KENINGAU ESTATE,