Halim: Don’t compare Renong with 1MDB


  • Business
  • Saturday, 30 May 2015

Halim Saad: ‘There never was any bailout.’

SITTING behind a small desk in a large room at the top floor of an office block in Mid Valley, 60-year-old Tan Sri Halim Saad is visibly disturbed when a company that he had once controlled, Renong Bhd, is compared to 1Malaysia Development Bhd (1MDB).

“I am concerned that articles like that (comparing 1MDB’s cash-flow problems to Renong) can affect my business negatively,” he says.

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