Talam fiaso: State entity put at risk

  • 6 years ago
KUALA LUMPUR: MCA today alleged that the Selangor state government put a state entity in debt in its Talam Corporation Sdn Bhd's debt restructuring exercise.

Young Professionals Bureau chairman Chua Tee Yong said that in 2010, the state government sold RM450 million worth of assets it purchased from Talam to Permodalan Negeri Selangor Bhd (PNSB), a wholly-owned subsidiary of the state government.


Read more: http://www.freemalaysiatoday.com/category/nation/2012/07/12/talam-fiaso-state-entity-put-at-risk/#ixzz20On03BT0

Video journalist: Hisyam Salleh

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