PETALING JAYA: Felcra Bhd has secured a new source of funding to fully revive its stalled RM1bil Semarak20 mixed property development project located along Jalan Semarak in Kuala Lumpur.
The funding, which is in the form of a government loan, is estimated at RM500mil, says Felcra’s chief executive officer Mohd Nazrul Izam Mansor.
