To those who didn’t managed to attend this meeting – you made the right choice or decision.
Exco members of PT2RA were present at the first ever meeting called for by the JMB since its inception last year. The JMB Committee members present were Mr. Kuang (Chairman), Mr. Goh (Treasurer), Mr. Tham, and Mr. Yap. If some of you may have forgotten, that’s 50% of the elected committee members during the 22 September 2007 First Meeting of the JMB.
The overall attendance for this meeting was rather pathetic, and to give a picture – PT2RA Exco members alone made up almost a third of the total attendance. Definitely less head than PT2RA meetings.
Too cut the agony short, most of us (PT2RA Exco members) left the meeting before it adjourned. Mind you, it was 5.15pm then.
To add salt to the injury, the Chairman of the JMB started off the meeting declaring this meeting “an informal meeting”, as he intends to call for a formal meeting later some time.
As we just said – if you didn’t manage to attend this meeting….. You made the right choice.
There is nothing we wish to update here as it was “an informal meeting”, residents and owners can find out from the JMB committee members or if they are kind enough they might just print out the proceeding of this meeting at the notice board soon.
OK…. Before you start jumping and wait in vain for our JMB committee to inform you of what happen in this meeting, PT2RA would like to uphold our virtue of ‘knowledge sharing’ here with you.
To summarise the obvious and need-to-know (as proclaimed by the JMB Chairman):
- Prima Tiara 2 owes the security firm their fees, and the cleaners their wages for 2 months now;
- Prima Tiara 2 owes the company that maintains our lifts their fees as well;
- The JMB Committee only managed to collect some RM17,000 (average) per month;
- Prima Tiara 2 monthly fixed expenditure is approx. RM29,000 (average);
- The developer has submitted the audited accounts to JMB Committee, but late;
- The developer tried to settles their outstanding (RM$) by suggesting a lump sum payment of RM45,000 – the JMB Committee declined;
- No confirmation when common area defects will be rectified completely;
- Developer has repaired the roof thrust, but no one seemed to be able to find the original (architect) drawings of this roof thrust – so someone is drawing a new set based on the as-it;
- This new drawing not signed by architect.\;
- JMB Committee will published all their official correspondences with authority and developer sometime in mid-June at the notice board – to show that they have indeed acted.
Judging from the information we received during the meeting, Prima Tiara 2 JMB is about go to bust.
Prima Tiara 2 JMB is currently broke.
so when the audited account will be ready?
Hi There,
I am writing this to find-out the following information:
Questions:-
1)The formation of JMB and electing the of Committee Members
known as first Meeting or INNAGURAL MEETING?
2) Can we use in the Agenda that an estimated draft of the
accounts, One year yet to complete, since JMB took-over from
developer From January 2009, no doubt the formation of JMB in
September 2008?
Hi Rama Moorthy,
My response to your questions are as follows:
1) The JMB will be elected on an annual basis. The first or inaugural meeting to be held is called “First Meeting of Joint Management Body” as described in the Act.
2) When a party hands over their authority to another party (in such JMB situation), it is only proper that accounts should be finalised, signed by the responsible parties, and duly audited. The question on whether to have the finalised accounts/financial statements to be audited by an external certified auditor which will incur fee is in my opinion subjective since the financial statement may not be fully a calendar year – and you or the JMB may not wish to spend the $$$ on this. However, during the meeting, owners will want to know the financial standing of the JMB (i.e. owners’ contributed monies) to the common funds. If the owners have confidence in the financial statements presented during the meeting, then whether the statements are audited by a professional party or otherwise is subjective. But presenting a draft copy (not finalised or closed) financial statement will only draw lots of doubts and perhaps suspicion.
I hope the above reply helps.