Central Market not going 'bankrupt', says report

KUALA LUMPUR (June 1): City landmark and tourist attraction Central Market (pictured) is not “going bust”, but it will be shuttered for three months for “upgrades and renovation works”, reported The Star.

“No, we are not going bankrupt and we are certainly not closing for good.

“There has been a lot of negative perception that we are closing due to the current situation, but I would like to clear the air and say that we are merely taking this opportunity to carry out some much-needed upgrades," a spokesman for the management said.

The spokesman told the daily that “they would be resurfacing and upgrading the car park facilities, repaint the buildings and upgrade some mechanical and electrical systems in the building”.

The tenants have been notified about the three-month closure.

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