About Us
Company Profile
In December 2005, Top Lander Off-shore Inc. (BVI) acquired substantial shareholding and Management control via a mandatory General Offer with special waiver granted by Securities Commission and per BURSA Malaysia listing rules and regulations.
The new Management’s vision is to grow MPCorp into a future large ‘conglomerate’ with strategic investment partners to expand beyond MPCorp’s main core business of property investment and development.
In October 2008, AmanahRaya Berhad wholly owned by the Minister of Finance Incorporated, Government of Malaysia, took up a strategic partnership of 22% stake in the Company’s prime property development project under its subsidiary, LakeHill Resort Development Sdn Bhd (LakeHill) and Asia Pacific Trade & Expo City Sdn Bhd (APTEC).
‘LakeHill’ is the exclusive developer of APTEC unique trade, expo and distribution ‘Hub’ in Iskandar Malaysia, Johor (next to Singapore). It is one of the selected flagship developers by the Iskandar Regional Development Authority (IRDA) situated in Eastgate Zone ‘D’ of Pasir Gudang of Iskandar Malaysia’s Special Economic Zone master-plan where all the infrastructure of ports, airports, transportation and large demographic population are located and ready-made.
The Company and ‘LakeHill’ are pursuing to secure new strategic long-term partners/investors, local and international, to develop this ambitious Asia’s regional trade, distribution and procurement ‘Hub’ which will be formally accorded for special incentives status by the Iskandar Incentive Committee (IIC) of the Government of Malaysia.
In short, strategic investors in LakeHill and APTEC will enjoy special tax incentives and other Government free fiscal incentives of unrestricted foreign recruited employees, duty-free imported equipments, etc, and among others, special personal income tax for skilled employees are taxed only at 15%.