MCA has urged the Selangor government to explain why it chose to "burden" a profit-making government-linked company in the acquisition of Talam Corporation Bhd assets.
Its central committee member Chua Tee Yong said "debt-free" Permodalan Negeri Selangor Berhad (PNSB), a wholly-owned subsidiary of the state, is now saddled with a RM230 million debt with an interest of RM86 million because of the acquisition.
Full Story: http://www.malaysiakini.com/news/203437
Camera: Fendi Zulkfley
Editing: Azudin Hidzir