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.
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