A-G's Report: MAFC had accumulated losses of RM447mil up to 2014


PETALING JAYA: The Malaysian Agrifood Corporation Berhad (MAFC) has accumulated losses of RM447.84mil up to 2014 and experienced negative cash flow for three consecutive years from 2012 to 2014, the Auditor-General's Report 2015 revealed.

The report, which was released on Wednesday, noted that overall, MAFC's financial performance was less than satisfactory.

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