IWK / Sinking Fund / Cost Saving

few more matters for our beloved residents information,

sinking fund - we have just received a letter from COB to ask us to attend a meeting on 16/12/13 together with developer & their management agent in Komtar for the sinking fund matter, we hope to see a breakthrough in the meeting, but also dare not to carry too much hope, worry that as expect much, then may get disappointed much too....:(

at the moment we still in the tug of war with developer concerning the sinking fund, as we have obtained the court order that the developer should transfer the fund to us, but then as on of their creditor have appointed a receiver to handle their case, a complication developer, so now we still consulting few more lawyer for the case, but we are not giving up yet, everyday still praying, hoping & trying every available to recover back the money for our residents.

IWK piping problem - we were told by some Chinese speaking residents that the local Chinese newspaper reported today concerning the IWK pipe clogging in our place has caused some units in Villa condo can't flush well their toilet & they need to bear with the stinky smell all the time. well, it seems the blaming game continue, ie they blame our side clog & we blame their ppl have caused the clog since the joint section is mainly serving them.

few days ago they did get some IWK technicians & MPPP ppl to inspect our manhole & concluded that the clogging is due to pipeline collapsed at our car park area, for this has caused the clog at the joint section & one of our manhole at blk j, they even proposed to bear half of the repair cost. our stand in this matter is if the cost is not too high, then we can agree to go ahead, but if it's too high then should get YB to help, because in the past we have cleared the joint section few times without charging them, as we understand that their finance are always not in good shape, so we have exercised good neighborhood spirit by clearing the clogging without asking them to share the cost, but if the figure is too high then we should not continue to help them to carry the burden. so now we have asked our management boss to approach YB for help, let's see how it goes.

T5 - we have received more good reports concerning the T5 to replace the existing T8 fluorescent tube, most of the electricians said can save in between 20% to 50%, well, the only thing now is to negotiate the price of T5 tube with it's casing, best offer now is RM30 including labor charge for replacing the old tube but we hope can get cheaper than that, but we do ask our electrician to only replace the reported faulty T8 tube with T5 tube, at the moment we would not change all the T8 in one shot unless we manage to get lower than RM25, which can see the ROI (return of investment) in much shorter period of time.

thanks.