First the protest then came the virus


Little known is that Pos Malaysia Bhd also has a stake in the game. Its loss-making subsidiary, Pos Aviation Engineering, is also in the provision of aircraft maintenance and engineering services. However, the prospects of Pos Aviation seem to have lit up.

First the protests, then came the virus

FOR years, the Malaysian government has been trying to dispose of the Malaysian consulate office in Hong Kong, which it had bought 40 years ago in 1980 for HK$212mil.

Datuk Seri Najib Razak tried disposing it for RM1.1bil when he was the Finance Minister via direct negotiations.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

IGB , property , Hong Kong consulate , sale , Pos Aviation ,

   

Next In Business News

Asian stocks hit by US tech slide, FX subdued
CelcomDigi emphasises its significant role in protecting customers from AI-related risks
China's largest auto show showcases all-electric future, local brands dominate
Unilever beats first quarter sales forecasts, sticks to 2024 outlook
Oil steady as market weighs US demand concerns, Middle East conflict risks
HeiTech Padu targets stronger earnings growth after returning to black in 2023
PBOC may up bond trading
Rafizi: Govt to share details on subsidy rationalisation mechanism
Deutsche Bank Q1 profit jumps 10% as investment bank outperforms
Stocks hit by tech slide; yen flails at intervention zone

Others Also Read