Shah Alam JV collapse: Magna Prima’s RM45 mil outlay marks reversal of RM160 mil deleveraging plan
PETALING JAYA (March 30): Magna Prima Bhd is moving to regain control of a 20-acre Shah Alam parcel, committing RM45 million to reverse a joint venture (JV) that was originally expected to deliver RM160 million in deleveraging proceeds.