Perak Corp Bhd: No need to table motion over MAPS, help already coming

  • Nation
  • Monday, 22 Apr 2019

Pulling crowds enjoying the twister swing MAPS theme park during the state level hari raya open house in MAPS at Meru.

IPOH: There is no need to table a motion in the state assembly for the state government to help the debt-ridden Movie Animation Park Studios (MAPS), says Perak Corporation Bhd (PCB) audit committee chairman Chong Zhemin.

He said this was because he had received assurance from Perak Mentri Besar Datuk Seri Ahmad Faizal Azumu that aid would be given to MAPS.

"Ahmad Faizal has told me that the state will help to strengthen PCB's financial status so we can pay our annual principle payment of RM30mil," he told a press conference on the sidelines of the Perak state legislative assembly sitting here on Monday (April 22).

Chong had previously said that there would be a motion tabled over the theme park on the last day of the Perak state legislative assembly sitting on Tuesday (April 23).

However on Sunday (April 21), Ahmad Faizal said that it was not necessary to bring the motion forward.

The Keranji assemblyman revealed that the theme park's operational cost is about RM3.3mil monthly.

"We can still meet our monthly operational cost, but on September each year, we need to pay RM30mil for principle sum repayment.

"The total debt is RM280mil and RM30mil was paid last year. It is difficult for us to clear the remaining debt.

"We are glad to receive this assurance from the government and this will help PCB run our operations smoothly," he said.

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