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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How to make authorities hear your concerns on new developments

The effectiveness of voicing your feedback, opinion or objection to proposed projects in your area can vary depending on a range of factors such as the specific context, level of community engagement and the nature of development, as well as the degree of responsiveness of key decision makers.

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