State govt will not lose out in auction, says Trinity

PETALING JAYA: Trinity Corporation Bhd (formerly known as Talam Corporation Bhd) gave the assurance that the Selangor government will not lose out following the auctioning of a piece of land in Danau Putra by a bank.

Stressing that it was challenging the validity of the auction and valuation in court, Trinity said it would identify a new piece of land to replace the one auctioned off if the court decision was not favourable to the state.