Costly power sector entry


  • Nation
  • Thursday, 17 May 2018

BUKIT BERUNTUNG, 20 April -- Presiden dan Ketua Pegawai Eksekutif 1MDB Arul Kanda ketika hadir ke Forum Kepochi di Dewan Banquet Siti Catering malam ini.--fotoBERNAMA (2018) HAK CIPTA TERPELIHARA

> 1MDB incurred a cost of RM18.79bil between 2012 and 2014 for its foray into the power-generation sector.

However, the asset was sold to CGN Power Corp for RM9.83bil in a rationalisation exercise undertaken by current chief executive officer, Arul Kanda Kandasamy (pic).

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

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