You are here

1MDB seen walking away from hard-fought project

1mdb070215.jpg
In yet another sign of spiralling financial distress, 1Malaysia Development Bhd (1MDB) is set to pull out of the multi-billion-ringgit coal-fired power project in Malaysia that it had fought hard to win in June last year.

Singapore

IN yet another sign of spiralling financial distress, 1Malaysia Development Bhd (1MDB) is set to pull out of the multi-billion-ringgit coal-fired power project in Malaysia that it had fought hard to win in June last year.

The Business Times understands that debt-heavy

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom