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Hatten Land says units seeking debt restructuring owe RM605m

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MDSA Resources and MDSA Ventures are the developers for integrated mixed-use projects Hatten City Phase 1 and 2 in Malacca.

Singapore

TWO Hatten Land subsidiaries owe a combined RM605 million (S$196.9 million) to scheme creditors, although the bulk of these debts will be erased as they are owed to group entities.

In a filing late Thursday night, the Catalist-listed property developer said total debt...

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