IWK: MoF dismisses Ranhill due diligence claim


In a statement, MoF said MoF Inc’s wholly-owned subsidiary Prokhas Sdn Bhd had also never issued any invitation to any party to undertake due dilligence on IWK as stated in Ranhill’s statement.

KUALA LUMPUR: The Finance Ministry has disclaimed Ranhill Utilities Bhd’s notification to Bursa Malaysia that the ministry and Minister of Finance (Inc) (MOF (Inc)) had issued an offer letter to the company to undertake due diligence on Indah Water Konsortium Sdn Bhd (IWK).

In a statement, the ministry said MoF Inc’s wholly-owned subsidiary Prokhas Sdn Bhd had also never issued any invitation to any party to undertake due dilligence on IWK as stated in Ranhill’s statement.

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Porkhas , Ministry of Finance , MoF , IWK , Ranhill , Bursa ,

   

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