Armada Properties Sdn Bhd, a subsidiary of Darussalam Assets Sdn Bhd, held a ceremony recently to hand over keys for Tanjong Batu Apartments to Hengyi Industries Sdn Bhd and launch its Local Business Development Incubation Programme for the Facilities Management Industry in collaboration with Darussalam Enterprise (DARe).
The event was witnessed by Deputy Minister of Finance and Economy (Fiscal) and Chairman of Armada Properties’ Board of Directors Dato Seri Paduka Awang Haji Ahmaddin bin Haji Abdul Rahman, Deputy Minister of Development and Deputy Chairman of Armada Properties’ Board of Directors Dato Seri Paduka Ar Haji Marzuke bin Haji Mohsin and Permanent Secretary (Investment) at the Ministry of Finance and Economy and Darussalam Assets Chief Executive Officer Haji Khairuddin bin Haji Abdul Hamid as well as senior representatives of DARe, Hengyi Industries and Armada Properties.
The event saw the signing of a tenancy agreement followed by the handing over of a ceremonial key from Armada Properties Chief Executive Officer Desmond Lim to Hengyi Industries Chief Executive Officer Chen Lian Cai.
The Tanjong Batu Apartments is a pilot project fronted by Armada Properties to refurbish old apartments into modern homes to support the government’s efforts in maximising the use of existing assets as part of its sustainable development vision. Located at Jalan Tanjong Batu, Muara, the project features 48 two-bedroom apartments in a gated compound, with amenities such as a badminton court, common room, gym and cafeteria.
Meanwhile, the incubation programme is aimed at enhancing the capabilities and competency of local businesses. Armada Properties will provide business opportunities and technical know-how while DARe will provide training and development through its existing programmes and initiatives.
Through a rigorous selection process, three companies have been invited to participate in the programme – Suzana Amin Development Sdn Bhd and HANR Sdn Bhd in the housekeeping services category, and Grocer Local Enterprise to operate The Korner, a convenient store at Armada Properties’ Rimba Estate.