PETALING JAYA: Finance ministry subsidiary Urusharta Jamaah Sdn Bhd has completed the transfer of Lembaga Tabung Haji non-performing assets as part of the pilgrim fund’s restructuring plan.
The 95% premium UJSB is paying for the land along with the other assets it acquired from TH is needed to ensure the successful rescue and restructuring of TH. Should the value of the assets depreciate further, the losses for the government will be higher than RM10.3 billion.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Sime Darby in no rush to ditch non-core assetsCEO says while group is looking at trimming down, it will only do so when time is right. FMTNews
Source: fmtoday - 🏆 5. / 72 Read more »
Chelsea Women complete signing of Australian skipper Kerr(Reuters) - Chelsea have signed Australia international skipper Sam Kerr on a 2-1/2 year deal, with the 26-year-old forward set to join the Women's Super League leaders during the second half of the 2019-20 season.
Source: staronline - 🏆 4. / 75 Read more »
Paul Yong's lawyer seeks to transfer case to High CourtThe Perak exco has pleaded not guilty to a charge of raping a 23-year-old maid in his residence.
Source: malaysiakini - 🏆 20. / 51 Read more »
Defence in Perak exco case seeks transfer to high court | The Malaysian InsightProsecutors object, saying rape cases are heard by the sessions court.
Source: msianinsight - 🏆 8. / 63 Read more »
Bolsonaro says China part of Brazil's future2 countries signed non-binding agreements on transport, services and investment. FMTNews
Source: fmtoday - 🏆 5. / 72 Read more »
McDonald's to speed shift away from plastic in EuropeFast food giant minimising use of non-recyclable items, targets all-renewable packaging by 2025 FMTNews Mcdonalds FastFood Plastic
Source: fmtoday - 🏆 5. / 72 Read more »