Pua explains difference between land value, GDV


Damansara MP Tony Pua: "GDV is a figure that covers all costs required to develop a project. This is very different from the value of assets or the profits that can be derived from the project. ”

KUALA LUMPUR: UMNO Youth Chief Asyraf Wajdi Dusuki has been told by Damansara Member of Parliament and DAP Publicity Secretary Tony Pua to know the difference between land value and total development value before speaking up on the matter.

On Nov 12, Asyraf had questioned Finance Minister Lim Guan Eng for not selling all assets belonging to 1Malaysia Development Berhad (1MDB) in a bid to settle its huge debt problem.

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