Indian Investor & Entrepreneur HE DATO Dr Bhargav Mallappa & HE DATO Dr S. Selvaganesh Selvaraj Meets Yam Raja Izzuddin Iskandar Shah Al-Haj Ibni Almarhum Sultan Idris Afiffullah Shah, Seeks Blessings for Kampung Bharu 2.0 Project

Signs Major MoU to Speed Up Iconic Twin-Tower Plan, Boost FDI, Create High-Value Jobs, Modernize City Infrastructure, and Strengthen Malaysia–India Ties

Malaysia / India, Feb 20: HE DATO Dr Bhargav Mallappa, a prominent Indian investor and entrepreneur from the MBRA Group, along with HE DATO Dr S Selvaganesh Selvaraj, recently met Yam Raja Izzuddin Iskandar Shah Al-Haj Ibni Almarhum Sultan Idris Afiffullah Shah, a Member of the Malaysian Royal Family (Perak), on February 15 at the Mid Valley Hotel in Kuala Lumpur.

During the meeting, HE DATO Dr Bhargav Mallappa sought His Highness’s blessings for the ambitious Kampung Bharu 2.0 redevelopment project. The discussion focused on shared vision, mutual respect, and long-term cooperation aimed at transforming one of Kuala Lumpur’s oldest and most historic neighbourhoods.

Following the meeting, a major strategic partnership was formalized with DSAT Private Equity Sdn. Bhd., under which HE Dato Dr Bhargav Mallappa is committing substantial investment to accelerate the redevelopment initiative. A key highlight of the project is the proposed iconic twin-tower development, designed to redefine the city’s skyline while carefully preserving the cultural and historical identity of Kampung Bharu.

As part of the agreement, HE DATO Dr Bhargav Mallappa has acquired equity in DSAT Private Equity Sdn. Bhd., a company licensed and regulated by the Securities Commission Malaysia. The regulated structure ensures that all investments follow strict legal, regulatory, and governance standards, maintaining full transparency and accountability.

The partnership is expected to attract foreign direct investment (FDI), create high-value jobs, upgrade urban infrastructure, and deepen economic ties between Malaysia and India, while supporting inclusive and sustainable national development goals.