KUALA Lumpur City Hall (DBKL) has issued a termination notice to the company it appointed to manage all non-freestanding billboards in the city.
Federal Territories Minister Khalid Samad said the contract was given on Sept 19, 2017 to manage all non-freestanding billboards. These are billboards on walls, highway gantries, hoardings, viaducts, bridges, buildings and pillars.“At the time, DBKL did not have a complete inventory on such billboards and the company offered to take charge.
“Throughout the period, DBKL agreed to pay a service fee of not more than RM12mil plus RM720,000 in GST ,” he revealed.“There are two kinds of payments, one for billboards located on DBKL properties and another for those on non-DBKL assets.“For billboards located on DBKL properties, Anjung Akar will pay RM5,000 per billboard yearly. Anjung Akar will then have the freedom to set the rate to rent the space to advertising agencies.
“For billboards located on non-DBKL assets, DBKL also stands to save the percentage of its licence fee that was agreed to be apportioned to Anjung Akar. The information technology company came under scrutiny last year over public allegations that it was handpicked by a former minister for the contract.
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