Costly power sector entry

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).