Ahmad Husni: 1MDB financial woes will be resolved by year end


IPOH: The cash flow problem now faced by 1Malaysia Development Berhad (1MDB) is expected to be resolved by the end of 2015, said Datuk Seri Ahmad Husni Hanadzlah (pic).

The Second Finance Minister said 1MDB had now taken several strategic measures including studying the rationalisation of land owned by the company and launching an initial public offering (IPO) in June or July.

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