Malaysia / India | Feb 12:
DSAT Group Malaysia has announced a significant strategic investment commitment from Indian investor Dr. Bhargav Mallappa in the large-scale Kampung Bharu 2.0 redevelopment, including the proposed iconic Twin Tower (RM) development in Kuala Lumpur.
The investment marks a notable expression of international investor confidence in Malaysia’s economic fundamentals, political stability, and investor-friendly regulatory environment. The Kampung Bharu 2.0 initiative is positioned as a transformative urban redevelopment project aimed at reshaping a key precinct of the capital city.
As part of his commitment, Dr. Bhargav Mallappa has formally signed a share acquisition agreement in DSAT Private Equity Sdn. Bhd., a private investment company licensed by the Securities Commission Malaysia. The firm serves as a structured investment platform for institutional capital deployment, large-scale real estate development, and high-value strategic projects.
DSAT Private Equity Sdn. Bhd. is owned by Dato’ Seri Azizul Tandek, who serves as Executive Chairman and principal owner. Under his leadership, the firm manages investments aligned with Malaysia’s regulatory framework and long-term development priorities.
Commenting on the investment, Dr. Bhargav Mallappa said:
“Malaysia offers strong economic fundamentals, stable leadership, and a trusted investment ecosystem. The Kampung Bharu 2.0 redevelopment represents a rare and transformative urban opportunity. I believe this project has the potential to become a landmark development in Asia.”
He further emphasized that acquiring equity in DSAT Private Equity ensures that his investments are deployed through a structured, transparent, and regulated platform consistent with Malaysia’s corporate governance standards.
Dato’ Seri Azizul Tandek welcomed the investment, stating:
“The participation of international investors like Dr. Bhargav Mallappa demonstrates global confidence in Malaysia’s development agenda. DSAT Private Equity remains committed to managing investments professionally, with integrity and long-term economic impact.”
The investment is expected to contribute to increased Foreign Direct Investment (FDI), creation of high-value employment opportunities, modernization of Kuala Lumpur’s urban infrastructure, and strengthening of Malaysia–India economic relations.
DSAT Group reaffirmed that all investments under its platform are conducted in full compliance with Malaysian laws, regulatory requirements, and international best practices.
The collaboration reflects a shared commitment between international investors and DSAT Group to support Malaysia’s national development objectives and sustainable long-term economic growth.