Perumahan Kinrara Berhad (PKB) defended their right to repossess the land where the Kinrara Oval is currently located.
The Malaysian Cricket Association (MCA) was issued a notice to vacate the ground by the end of October following the expiry of their lease agreement with the joint venture company between I&P Group Sdn Bhd, Armed Forces Fund Board, and Lembaga Tabung Haji.
The cricket fraternity in Malaysia had been hoping for the decision to be reversed, especially with the Kinrara Oval being one of the best cricket venues in Asia.
However, in a statement issued on Thursday, PKB insisted that the land "has always been earmarked for development".
"Pending its development, the said land was leased to the MCA in 2004 for 15 years, ending 31 October 2018.
"The MCA has, from the beginning, been made aware that the use of the land is only temporary and that they will need to eventually find their own permanent home for their operations.
"PKB is merely requesting for the return of the land upon expiry of the lease and the MCA has been given ample notice of this intent as the developer wishes to start the development for the said land," read the statement.
It was also revealed that the MCA is owing "a sizable sum" to PKB.
"PKB hopes that the MCA will honour the terms in the leasing agreement and return the usage of the land to the rightful owner upon its expiry," it added.
The Malaysian Cricket Association (MCA) was issued a notice to vacate the ground by the end of October following the expiry of their lease agreement with the joint venture company between I&P Group Sdn Bhd, Armed Forces Fund Board, and Lembaga Tabung Haji.
The cricket fraternity in Malaysia had been hoping for the decision to be reversed, especially with the Kinrara Oval being one of the best cricket venues in Asia.
However, in a statement issued on Thursday, PKB insisted that the land "has always been earmarked for development".
"Pending its development, the said land was leased to the MCA in 2004 for 15 years, ending 31 October 2018.
"The MCA has, from the beginning, been made aware that the use of the land is only temporary and that they will need to eventually find their own permanent home for their operations.
"PKB is merely requesting for the return of the land upon expiry of the lease and the MCA has been given ample notice of this intent as the developer wishes to start the development for the said land," read the statement.
It was also revealed that the MCA is owing "a sizable sum" to PKB.
"PKB hopes that the MCA will honour the terms in the leasing agreement and return the usage of the land to the rightful owner upon its expiry," it added.
