Update On Accounts Handover from the Developer

Ref. No: VWC/JMB/004-12
Date: 30 January 2012


Dear Residents,

This is to inform you of the progress made on the handover of accounts from our developer Setapak Heights Development Sdn. Bhd. (SHD).

Following many delays we are pleased to announce that on 18 January 2012 we received the following items from SHD:

1. Balance Sheet as at 31-12-2011
2. Profit & Loss Account as at 31-12-2011
3. List of Fixed Assets as at 31-12-2011
4. MBB Bank Statement for the period Jan-March 2011
5. Cash Book for the period Jan-March 2011
6. GL Code for Audited Balance sheet items for opening balance as at 1-1-2011
7. Debtors' Aging Summary Report as at 31-12-2010

SPM are currently going through the documents received and hope to be able to reconcile the accounts by end of January which will then be reflected in your next bill.

Following this any monies still owed or paid in advance prior to 2011 will be reflected in your statement of account. As a result, the list of defaulters will also be revised accordingly to include debtors prior to 1st January 2011.

Please contact the management office should you have any concerns.


Thank you.


On Behalf of the JMC,


Izhar Yusoff B. Wanteh Kamal
Chairman