Yesterday, during the Immigration Day celebration, Home Minister Tan Sri Muhyiddin Yassin announced that the cancellation of the SKIN project was done to create a new system that was comprehensive, effective and user-friendly.
PETALING JAYA: After months of speculation, another multi-billion-ringgit project approved by the previous Barisan Nasional government has been cancelled.
As a result, its concessionnaire Prestariang Bhd was hammered down, wiping out nearly 33% of its share value in just a single trading day.
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