View issues with Tan Seng Giaw

Sunday, April 10, 2016

In 2014, 1MDB faced cash flow problem.

In 2014, 1MDB faced cash flow problem. The Board of Directors and the management wanted to find cash by initial public offering of the shares of its company, Edra Energy Berhad. This did not succeed because of various factors. The company lost RM665 million. The total debts of 2 billion due to mature could not be settled.

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1 Comments:

At 6:20 AM, Blogger KTT said...

Kit, would be better if u consult with Tan Seng Giaw. His views are more sensible. Get him to explain from The Famous Clown Tan King Liang......just be quiet as time is up for you,,Kepong will have a new MP next GE n aft upteem years in politics never ever learn to be cautious of words.you are gonnna...hopeless !!!

 

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