Selangor Mentri Besar dismisses allegations about PKNS' financial state

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Politics News

Selangor,Mentri Besar,PKNS

Selangor Mentri Besar Datuk Seri Amirudin Shari has denied claims that the Selangor State Development Corporation (PKNS) is facing financial difficulties. He stated that PKNS' income from 2018 to 2022 came from various sources, including the sale of buildings and land. The corporation also made significant profits from the sale of its stake in the Shah Alam Expressway (Kesas).

Selangor Mentri Besar Datuk Seri Amirudin Shari has dismissed allegations that the Selangor State Development Corporation ( PKNS ) is in a dire financial state . The allegation was made by Opposition chief Datuk Seri Azmin Ali who, at the state assembly sitting, queried about the state corporation's financial status. Amirudin explained that PKNS ' income from 2018 to 2022 came from the sale of buildings and land as well as privatisation exercises.

He also mentioned that PKNS made good money in 2022 when it sold off its stake in the Shah Alam Expressway (Kesas). The corporation's main income during the period was from land sales

Selangor Mentri Besar PKNS Financial State Allegations Income Buildings Land Privatisation Shah Alam Expressway Profits

 

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