Sometime I am wondering, how much we must pay to keep these companies afloat. We still remember they day Mahathir took 2 billion from the country coffer for Perwaja.
Currently Perwaja has acculated loss of rm1.89bil. and a total debt of 2.2bil.
It started in 1982, with the big idea of transforming Malaysia of am industrilised nation. It was a JV between Terrengganu State, Hicom and The Japanese Nippon Steel Corp. Hicom and Nippon Steel exit from the company.
Currently Perwaja has acculated loss of rm1.89bil. and a total debt of 2.2bil.
It started in 1982, with the big idea of transforming Malaysia of am industrilised nation. It was a JV between Terrengganu State, Hicom and The Japanese Nippon Steel Corp. Hicom and Nippon Steel exit from the company.
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| The Star 25 Jul 2015 |
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