1MDB’s cash crunch


The next nine years are crucial for fund, as its obligations are estimated at some RM40bil

THE recipe for the downfall of any company is taking on short-term debt to fulfil long-term projects. This is what symptomises 1Malaysia Development Bhd’s (1MDB) ills, which needs some RM40bil in the next nine years to meet its debt obligations.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , 1MDB

Next In Business News

Amazon’s idealism vs real estate reality
Do themes boost property values?
The work-commission mismatch
Full dams aren’t enough
For the record
DayOne’s next move in focus
Building a durable inflation defence
Hybrid tax could end GST-SST standoff
Shorter bonds, safer bets?
Carry trades in play

Others Also Read