FDI or assets sale? MPs spar over Mitsui's purchase of IHH stake

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Putrajaya asked to clarify if the Japanese company's RM8.4 billion purchase from Khazanah Nasional was part of the 'foreign direct investments' received by Malaysia in the first quarter. FMTNews DarellLeiking

International Trade and Industry Minister Darell Leiking says he will provide more details in a written reply.

Leiking was responding to Opposition Leader Ismail Sabri Yaakob on whether the RM8.4 billion deal was part of the investments received from Japan. Previously, Pua had defended Lim, who reportedly cited the share purchase as an example of foreign direct investment.

 

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