Hydroshoppe to hold press conference as KL Tower dispute deepens

Free Malaysia Today

Hydroshoppe and Menara KL Sdn Bhd claim the police and DBKL will force them to vacate the iconic skyscraper at midnight tonight.  Read More: https://www.freemalaysiatoday.com/category/nation/2025/03/31/hydroshoppe-to-hold-press-conference-as-kl-tower-dispute-deepens/  Laporan Lanjut:  https://www.freemalaysiatoday.com/category/bahasa/tempatan/2025/03/31/hydroshoppe-buat-sidang-media-di-menara-kl-malam-ini/  Free Malaysia Today is an independent, bi-lingual news portal with a focus on Malaysian current affairs.    Subscribe to our channel - http://bit.ly/2Qo08ry   ------------------------------------------------------------------------------------------------------------------------------------------------------ Check us out at https://www.freemalaysiatoday.com Follow FMT on Facebook: https://bit.ly/49JJoo5 Follow FMT on Dailymotion: https://bit.ly/2WGITHM Follow FMT on X: https://bit.ly/48zARSW  Follow FMT on Instagram: https://bit.ly/48Cq76h Follow FMT on TikTok : https://bit.ly/3uKuQFp Follow FMT Berita on TikTok: https://bit.ly/48vpnQG  Follow FMT Telegram - https://bit.ly/42VyzMX Follow FMT LinkedIn - https://bit.ly/42YytEb Follow FMT Lifestyle on Instagram: https://bit.ly/42WrsUj Follow FMT on WhatsApp: https://bit.ly/49GMbxW  ------------------------------------------------------------------------------------------------------------------------------------------------------ Download FMT News App: Google Play – http://bit.ly/2YSuV46 App Store – https://apple.co/2HNH7gZ Huawei AppGallery - https://bit.ly/2D2OpNP  #FMTNews #KLTower #Hydroshoppe #Eviction #PressConference

Transcript

00:00The dispute over Kuala Lumpur Tower's operations escalates as outgoing operators claim they

00:07will be forced to vacate the premises at midnight tonight.

00:11Hydroshop Sandrian Berhard and Manara Kuala Lumpur Sandrian Berhard said a press conference

00:16will be held at 11pm at the main entrance of KL Tower, adding that they will be forcefully

00:21evicted at 12am by the police and Kuala Lumpur City Hall.

00:26The two companies claim that their eviction would be unlawful since they have a suit pending

00:31in court concerning the award of a 20-year concession to manage the tower to Lim Suong

00:35Hai Capital Berhard.

00:38Last week, LSH Capital's subsidiary, LSH Service Master Sandrian Berhard, signed a

00:44lease agreement with the Federal Lands Commissioner securing rights to four hectares of land,

00:49including the site of the KL Tower, from April 1, 2025 to March 31, 2045.

00:56Hydroshop and Manara Kuala Lumpur filed a lawsuit to challenge the award of the concession,

01:02seeking RM20.13 million in losses and damages and for the concession to be transferred to

01:08them.

01:09They claim there was an existing understanding pertaining to the tower's management and

01:14that LSH Capital had induced a breach of a contract they had agreed to with Putrajaya

01:19in August 2022.

01:21However, LSH Capital said it was not privy to any prior agreements or discussions between

01:27the government, Hydroshop and Manara Kuala Lumpur, adding that it would defend the suit

01:31while continuing to fulfil its obligations under the 20-year agreement.

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Transcript

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