CDRC being kept alive for Lion Corp subsidiary

By WONG WEI-SHEN

THE Corporate Debt Restructuring Committee (CDRC) has probably only got one client – Megasteel Sdn Bhd.

The subsidiary of Tan Sri William Cheng’s Lion Corp Bhd, Megasteel is the country’s only integrated flat-steel mill producing hot and cold-rolled coils.

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RM 13.90/month

RM 9.73/month

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Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

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Business , Corporate debt restructuring committee , CDRC , Megasteel , Lion Corp , Lion Diversified , William Cheng

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