KBDC may undergo another restructuring

KBDC may undergo another restructuring

The Malaysian Reserve-Property·2020-06-05 09:30

No update on Kampung Baru redevelopment plan as CEO is still adapting to his new role

THE board of Kampung Baru Development Corp (KBDC) may undergo another round of restructuring following the change of government in March.

The last time KBDC underwent a restructuring process was in October 2018.

Lokman Omar was recently appointed as KBDC CEO on June 1.

KBDC chairman Tan Sri Ambrin Buang said while he has not met with Lokman yet, the corporation is also currently waiting for a clear direction from Federal Territories (FT) Minister Tan Sri Annuar Musa.

Ambrin does not dismiss the possibility that there may also be a reshuffle at the board level.

“There is a potential (of change) since there is a change of government. I will check with the CEO when we meet,” he told The Malaysian Reserve (TMR).

On June 2, KBDC’s Facebook page showed a photo of Lokman getting a briefing from its management and corporate communications director Roslan Mohammad, and development and economic planning director Fadzli Zubi.

A check by TMR with KBDC’s office secretary found that Lokman is still adapting to his new role, thus he is not ready to give any update on the Kampung Baru redevelopment plan yet.

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