Outgoing KL Tower operator claims to have 30-year concession

Free Malaysia Today

Hydroshoppe’s Abdul Hamid Shaikh Abdul Razak Shaikh says an initial 15-year agreement was extended to 30 years at a government meeting on Nov 9, 2022.  Read More: https://www.freemalaysiatoday.com/category/nation/2025/03/31/outgoing-kl-tower-operator-claims-to-have-30-year-concession/  Laporan Lanjut:  https://www.freemalaysiatoday.com/category/bahasa/tempatan/2025/03/31/isu-menara-kl-syarikat-dakwa-diberi-konsesi-30-tahun/  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 #Concession

Transcript

00:00The purportedly departing operator of Kuala Lumpur Tower claims it has an existing 30-year

00:07concession to manage the iconic skyscraper.

00:12Hydroshop Sendram Berhad, the parent company of Manara Kuala Lumpur Sendram Berhad, said

00:18the government, its public-private partnership unit, and the communications ministry initially

00:24agreed to award a 15-year concession, effective January 1, 2025, until December 31, 2039.

00:51Hydroshop's managing director, Abdul Hamid Shaikh Abdul Razak Shaikh, also said the rumored

00:57eviction of Hydroshop and MKLSB from KL Tower had been called off.

01:03The two firms previously claimed the police in Kuala Lumpur City Hall would forcefully

01:08evict them from KL Tower yesterday.

01:12The communications ministry said MKLSB's management contract expired yesterday and LSH service

01:20master Sendram Berhad was awarded a 20-year concession in May 2024.

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