Talam gave S'gor RM9.1mil discount, says Pua

7 Jul 2012 | 9,989 views

The Selangor government managed to acquire 13 parcels of land from Talam Corporation Bhd at a RM9.1 million discount as part of a debt restructuring deal, contrary to claims by MCA that the move was a bailout.

This was based on the difference in a private firm's valuation of the land, which amounts to RM685 million, against the state's valuation, which amounts to RM676 million.

Full Story: http://www.malaysiakini.com/news/202955

Camera/Editing: Tan Jiun Wuu