Kota Kinabalu: Pacific Sanctuary Holdings Sdn Bhd, the developer of the abandoned PacifiCity Project along Jalan Istiadat, Likas, was wound up by the High Court here on Oct 17, 2024.
By a Court Order one Dato’ Raveendra Kumar a/l Nathan of RKN & Co. has been appointed as the Liquidator.
By a Court Order one Dato’ Raveendra Kumar a/l Nathan of RKN & Co. has been appointed as the Liquidator.
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RKN & Co. have since called on property buyers of the PacifiCity Project to furnish documentary proof of their legal ownership interests.
To recover outstanding loans running into millions of ringgit, at least one creditor bank has placed advertisements in the Daily Express as substituted personal service of bankruptcy notices against the officers of Pacific Sanctuary Holdings Sdn Bhd who could no longber be traced in Sabah.
The…
