Pearl Horizon Condominium Owners United Association urged the government yesterday during a press conference to “supervise” the ill-fated residential project’s developer Polytec Asset Holdings (PAH) to prevent it from transferring the money collected from the sale of Pearl Horizon flats to the company’s new residential project known as “Lote T+T1” in Areia Preta
‘Lote’ is Portuguese for ‘plot of land’.
Addressing the press conference at the association’s office, its president Kou Meng Pok said his group was urging the government to “supervise” Polytec as its members worried that Polytec might delay returning their money and even might eventually file bankruptcy.
Pearl Horizon Condominium Owners United Association President Kou Meng Pok (right), flanked by fellow members, addresses yesterday’s press conference at the group’s office in Areia Preta. Photo: Debby Seng
