LATE Friday, Perak Corp Bhd
said it planned to use the RM153mil proceeds from its Integrax Bhd share sale for its development projects, without any hint of using any of it for dividends to shareholders. Is this the best way to utilise the windfall?
True, Perak Corp, controlled by the state government, has embarked on ambitious projects, including township developments as well as building the first animation park in the world with the renowned Sanderson group from Australia.
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