1MDB explains its role as a strategic development company


KUALA LUMPUR: Malaysia's strategic development company 1Malaysia Development Bhd (1MDB), which recently faced criticism over its large debt, provided the public with a list of frequently-asked-questions (FAQ) on its website on Friday.

Among the issues discussed were its existence, how it is funded, its much-debated debt level, updates on the Tun Razak Exchange (TRX) project and its entry into the power business.

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