Perdana Menteri Datuk Seri Najib Tun Razak expressed regret today that certain quarters have politicised the issue of Tun Razak Exchange (TRX) land which was bought by Tabung Haji (TH) from 1Malaysia Development Berhad (1MDB).
This is because, the purchase of the 0.631-hectare plot of land at RM188.8 million, made in December 2015, was actually a smart and worthwhile investment.
“The land was purchased at a price of RM1,800 per square foot.
“But when I asked Datuk Johan Abdullah (TH Group managing director and chief executive officer) how much it is worth now, he said there are buyers who would pay for a price of RM2,200 per square foot. We can already see the profit,” he said.
Najib said this in his keynote address when launching the TH Foundation at the Kompleks TH Kelana Jaya here today.
The Prime Minister stressed that the returns from this investment, as well as other initiatives taken by the fund, will eventually be enjoyed by TH depositors, in line with its focus on the welfare and interests of Malaysian pilgrims.
One of the significant successes of TH was in maintaining the haj fee for Malaysian haj pilgrims at RM9,980 since 2009.
In fact, he said TH had also managed to provide subsidy of RM160 million for the pilgrims this year, hence enabling each pilgrim to receive subsidy of almost RM8,000.
"The RM8,000 subsidy received by each pilgrim is just a little short from the fee of RM9,980 that they have to pay. Now, where in the world can you get that price (to perform haj)?," he said.
Meanwhile, speaking at a press conference later, Johan said TH will not sell its TRX land despite receiving a very high offer for it.
He said the decision was based on TH's expectations of its high value-added potential over the long term.
"From the start, the land was bought based on commercial (consideration) and we've made an evaluation of its value in the long term.
"We've received a very high offer (for the land), but we don't want to sell it as we believe in the long-term value creation of that investment," said Johan.
Currently, he added, TH was in discussion with several architecture firms on the development plan to be carried out on the land.
Israr Khalid
Tue Jul 26 2016
![TH gains profit from purchase of TRX land - PM Najib TH gains profit from purchase of TRX land - PM Najib](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/http://img.astroawani.com/2015-09/81442591974_ONEMDB.jpg)
TH will not sell its TRX land because of its expectations of the high value-added potential it has over the long term. - Filepic
Kim Pan-gon letak jawatan berikutan komitmen peribadi
Pengurus pasukan kebangsaan Malaysia, Kim Pan-gon menyatakan perletakan jawatan tersebut kerana komitmen peribadi.
#AWANInews
#AWANInews
![Penggunaan dron tingkat keberkesanan pemantauan pencemaran - Nik Nazmi Penggunaan dron tingkat keberkesanan pemantauan pencemaran - Nik Nazmi](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2024-07/71721102997_SimposiumDronKeban.jpg)
Penggunaan dron tingkat keberkesanan pemantauan pencemaran - Nik Nazmi
Penggunaan dron membolehkan pemantauan pencemaran alam sekitar dan hidupan liar serta pencerobohan hutan dilaksanakan dengan lebih berkesan.
![Kim Pan-gon letak jawatan ketua jurulatih Harimau Malaya Kim Pan-gon letak jawatan ketua jurulatih Harimau Malaya](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2024-06/71718142997_KimPanGon.jpg)
Kim Pan-gon letak jawatan ketua jurulatih Harimau Malaya
Kim Pan-gon, bakal menjadi satu-satunya individu yang bakal meninggalkan pasukan manakala Pau Marti bersama staf sokongan yang lain kekal di Kelana Jaya.
![Bekas pengawal peribadi Wan Azizah cedera kemalangan Bekas pengawal peribadi Wan Azizah cedera kemalangan](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2024-07/51721109015_bekaspengawalperib.jpg)
Bekas pengawal peribadi Wan Azizah cedera kemalangan
Bekas anggota polis wanita yang kini bekerja sebagai pengawal peribadi cedera setelah motosikal ditunggangnya melanggar sebuah SUV di lebuh raya PLUS.
![Rang Undang-undang Kebebasan Maklumat dijangka dibentang akhir tahun ini - Kulasegaran Rang Undang-undang Kebebasan Maklumat dijangka dibentang akhir tahun ini - Kulasegaran](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2024-07/81719996195_MKulasegaran.jpg)
Rang Undang-undang Kebebasan Maklumat dijangka dibentang akhir tahun ini - Kulasegaran
RUU Kebebasan Maklumat dijangka dibentangkan di Parlimen pada akhir tahun ini selepas cadangan ketetapan bagi penggubalan Akta Kebebasan Maklumat dibawa ke Jemaah Menteri untuk kelulusan.
![Azizi dilantik Ketua Polis Perak baharu Azizi dilantik Ketua Polis Perak baharu](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2024-07/51721108438_azizi.jpg)
Azizi dilantik Ketua Polis Perak baharu
Timbalan Ketua Polis Perak Datuk Azizi Mat Aris dilantik sebagai Ketua Polis Perak yang baharu hari ini.
![ADUN Rembia sertai Pas, tak 'lompat parti' - Takiyuddin ADUN Rembia sertai Pas, tak 'lompat parti' - Takiyuddin](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2024-07/51721108165_ADUNRembiaPN.jpg)
ADUN Rembia sertai Pas, tak 'lompat parti' - Takiyuddin
Menurut Takiyuddin, keahlian Muhamad Jailani yang juga wakil rakyat UMNO diterima pada 10 Jun tahun lalu, namun diumumkan secara rasmi hari ini.
Kita perlu belajar hidup dengan COVID-19 - Pakar
Itu kata Pakar Perubatan Kesihatan Awam, Bahagian Kawalan Penyakit, Kementerian Kesihatan Malaysia (KKM), Dr Aznida Mohamad Zaki yang berkata pihaknya akan berusaha semampu mungkin dalam menggalakkan praktis kendiri dikalangan orang awam bagi mencegah penularan wabak seperti mana yang pernah dilakukan sebelum ini.
LHDN lulus 141,406 permohonan PKPS 2.0
Lembaga Hasil Dalam Negeri (LHDN) telah meluluskan sebanyak 141,406 permohonan program khas pengakuan sukarela (PKPS) 2.0 yang melibatkan 102,572 bilangan kes pembayar cukai individu, 27,707 bilangan kes syarikat dan selebihnya melibatkan lain kategori seperti pertubuhan.
![Pelan Transformasi Air sasar tingkatkan air bersih, liputan sistem kumbahan - Fadillah Pelan Transformasi Air sasar tingkatkan air bersih, liputan sistem kumbahan - Fadillah](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2024-07/81721017239_TBFADILLAH.jpg)
Pelan Transformasi Air sasar tingkatkan air bersih, liputan sistem kumbahan - Fadillah
Pelan Transformasi Air sasar tingkatkan air bersih, tingkatkan liputan sistem kumbahan - Fadillah
![COO TH ditangkap, dijangka dihadap ke mahkamah pagi ini COO TH ditangkap, dijangka dihadap ke mahkamah pagi ini](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/http://img.astroawani.com/2018-12/41545151471_TabungHaji.jpg)
COO TH ditangkap, dijangka dihadap ke mahkamah pagi ini
Ketua Pegawai Operasi (COO) Lembaga Tabung Haji (TH) Datuk Adi Azuan Abdul Ghani telah ditangkap dan dijangka ke mahkamah pagi hari ini
![TH kekurangan RM4 bilion wang pendeposit berbanding aset - Laporan TH kekurangan RM4 bilion wang pendeposit berbanding aset - Laporan](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/http://img.astroawani.com/2015-11/81448608091_tabunghaji.jpg)
TH kekurangan RM4 bilion wang pendeposit berbanding aset - Laporan
Tabung Haji kekurangan RM4 bilion wang pendeposit berbanding asetnya sejak tahun 2017, menurut laporan Sunday Times.
![Kelewatan visa: Arab Saudi bagi jaminan tambah kakitangan, kerja sepanjang minggu Kelewatan visa: Arab Saudi bagi jaminan tambah kakitangan, kerja sepanjang minggu](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/http://img.astroawani.com/2017-07/81499244484_JemaahHaji.jpg)
Kelewatan visa: Arab Saudi bagi jaminan tambah kakitangan, kerja sepanjang minggu
Tabung Haji sudah bertemu Duta Besar Arab Saudi ke Malaysia, Fahad bin Abdullah Al-Rashid pada siang Jumaat untuk membincangkan perkara tersebut.
![Tabung Haji sahkan pembelian hartanah di Tun Razak Exchange Tabung Haji sahkan pembelian hartanah di Tun Razak Exchange](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/http://img.astroawani.com/2014-09/71410836498_295x200.jpg)
Tabung Haji sahkan pembelian hartanah di Tun Razak Exchange
Lembaga Tabung Haji (TH) hari ini mengesahkan telah membeli tanah bagi tujuan pelaburan hartanah di pusat kewangan Tun Razak Exchange (TRX).