RM136mil interest payment to GOVCO led to subsidiaries' losses - Felda
[New Straits Times] - 02/27/2025
KUALA LUMPUR: The RM165 million loss incurred by two Felda subsidiary companies, as reported in the Auditor-General’s Report (LKAN) 1/2025 on the 2023 Federal Agency Financial Statements, was primarily due to an RM136 million interest payment to GOVCO Holdings Berhad. (c) New Straits Times Press (…)
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