NUSAJAYA: The state government has received cash payment amounting to RM78.98mil from Johor Corporation’s (JCorp) dividend returns over the past 25 years.
Johor Mentri Besar Datuk Mohamed Khaled Nordin said the amount paid to the state since 1989 was according to a rate of 10% of JCorp’s profits from its subsidiary companies.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
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!
