
MAS is in crisis after it posted a loss of RM2.5bn for 2011 while its short-term liquidity faces serious challenges with net current assets plunging deeper into the red to the tune of RM4.4bn.
The state government today held a ground-breaking ceremony for 12000 cheaper homes in Bandar Cassia in Batu Kawan on mainland Penang designed by the Singapore HDB consultants.
After Khazanah sells its 43 per cent stake in Proton to DRB-Hicom (owned by Syed Mokhtar Al-Bukhary), will the government privatise KTM next?
Khazanah’s sale of its 43 per cent stake in Proton to DRB-Hicom will close an unhappy chapter for the government’s foray into the production of a so-called ‘national car’.