After living next to the country’s first railroad network for about 100 years, a number of Kuala Sepetang families can live better life with less worry as KTM Berhad has agreed to transfer the land ownership to them.
Initially, KTM Berhad asked the state government a RM35 million ringgit payment in return. However, after negotiations with state government, they have agreed only to transfer the land to the villages without anything in return.
KTM Berhad has a lot of underutilized land asset in Malaysia. We hope that KTM continues to try their best to ensure the plots of land are being used at their maximum potential, yielding more revenue for KTM. The added revenue can further be used for proper maintenance of trains and also buying new trains. Throughout the years we can see how the lack of adequate fleet of trains has hurt KTM Berhad operation efficiency. Therefore it is hoped that KTM Berhad tries its best to ensure best customer experience for its customers..
Source: The Star – KTM land given to Kuala Sepetang folk, published on May 4th 2013 [link]