Perak Corp refutes claims of land losses due to unpaid rent

In a bourse filing, the Practice Note 17 (PN17) company stated that when the land confiscation occurred, Perak Corp had already derecognised the assets and liabilities of its wholly owned subsidiary PCB Development Sdn Bhd and PCB Development’s 51%-owned subsidiary Animation Theme Park Sdn Bhd from the consolidated statement of financial position as of Dec 20, 2021.

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Seri Pajam Development collabs with CIMB to provide financial solutions for SPD Tech Valley Industrial Park

CIMB will offer specialised financial products designed to facilitate efficient industrial activities, including offering bespoke financial solutions for the requirements of industrial investors, providing expert financial advisory services, supporting sustainable financing initiatives and providing tailored financing options to support initial setup and ongoing expansion of industrial operations within SPD Tech Valley.

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