Perak Corp Bhd Dekat Bankrap, Rakyat Marhaen Di Perak Dapat Apa?
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Title : Perak Corp Bhd Dekat Bankrap, Rakyat Marhaen Di Perak Dapat Apa?
Category : Malaysians
This is from The Malay Mail here. IPOH, Sept 15 — Parti Putra VP Hamidah Osman revealed Perak Corp Bhd (PCB), which holds 60% Perak State Development Corporation’s (PKNP) assets in midst of winding up operations Hamidah said PCB dragged to court several times after defaulted loans from banks PCB borrowed RM520m from banks to invest in Movie Animation Park Studios (MAPS) additional RM200m borrowed to pay contractorsAll these loans in defaultgroup’s total assets RM742.273m, total liability RM751.361m she saidstate govt kept matter secret, hid it from public she added.in 2012 PCB had cash of RM200m and assets RM1.2 billionincluding 243 hectares land in Meru Raya, 243 hectares in other areas now group cash balance RM27,806 and lost half asset value she said
Hamidah said PCB has until Oct 23 to settle debt or go into receivership High Court granted 90 days from July 23 to comprise with…
Hamidah said PCB has until Oct 23 to settle debt or go into receivership High Court granted 90 days from July 23 to comprise with…
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