Company behind now-defunct Perak theme park begins winding up process

IPOH: PCB Development Sdn Bhd (PCBD) has initiated a creditors' voluntary winding up.

A check on the Bursa Malaysia website found that a meeting on the matter took place on Thursday (Jan 6) and that liquidators have been appointed to assume control of PCBD's business undertakings.

All powers of the directors and management would be vested to the liquidators, namely Andrew Heng and Anoopal Kaur of Baker Tilly Insolvency Plt.

PCBD is a subsidiary company of Perak Corp Berhad (PCB) that is listed on Bursa Malaysia.

PCBD is known for developing the now-defunct Movie Animation Park Studios (MAPS).

Attempts are being made to get Perak Mentri Besar Datuk Seri Saarani Mohamad's comments.