MB: Allegations of JCorp being unable to repay debts untrue


Mentri Besar Datuk Mohamed Khaled Nordin addressing some 2,000 Johor Civil Servants (JCS) in his new year mandate on Feb 4, 2016.

JOHOR BARU: Allegations by the opposition that Johor Corp (JCorp) is unable to repay its debts due to a high debt ratio is untrue, said Johor Mentri Besar Datuk Seri Mohamed Khaled Nordin.

Khaled, who is also JCorp chairman, said the opposition had failed to consider the actual financial position of the company in an inclusive manner.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , JCorp

   

Next In Business News

Country Garden plans to present debt revamp plan in second half, sources say
Oil prices on track to snap two-week losing streak
MAA Group sells entire 58% stake in Turiya for RM52.86mil
Majuperak, Shizen to explore solar photovoltaic development in Perak
Asia stocks rise, yen plumbs 34-year low as BOJ stands pat on rates
Fernandes: AirAsia Group to be listed on Bursa Malaysia in September
Spritzer clarifies mistaken identity in insider trading report
Berjaya Corp denies involvement in Forest City Casino talks
Malaysia's PPI higher by 1.6% in March 2024
Microlink wins RM56.45mil contract from Bank Islam Brunei

Others Also Read