Hunza to uphold good governance after privatisation

GEORGE TOWN (Nov 19): Hunza Properties Bhd, which is being taken private by its majority shareholder Khor Teng Tong Holdings Sdn Bhd, along with persons acting in concert with a combined 59% stake in the Penang-based property developer, said it will be business as usual as a private company, adding that it will not neglect the element of corporate governance.

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Affin Bank buys land from 1MDB

KUALA LUMPUR (Aug 11): Affin Bank Bhd, which is controlled by Lembaga Tabung Angkatan Tentera (LTAT), is paying RM255 million cash to buy a parcel of land in the Tun Razak Exchange (TRX) — a property development project wholly owned by 1Malaysia Development Bhd (1MDB).

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Tabung Haji having problems selling TRX land, says Pua

KUALA LUMPUR (June 16): Pilgrims fund Lembaga Tabung Haji's delay in selling off its land at the Tun Razak Exchange (TRX), which it bought from troubled 1Malaysia Development Fund (1MDB), is an indication that it is having problems selling the land, said an opposition federal lawmaker.

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BN reps urge Tabung Haji not to sell TRX land bought from 1MDB

KUALA LUMPUR (June 16): Barisan Nasional lawmakers at Parliament late last night were urging Lembaga Tabung Haji not to sell the piece of land in the Tun Razak Exchange (TRX) that it bought from 1Malaysia Development Bhd (1MDB) — a purchase that has caused public outcry over the pilgrim fund bailing out the debt-laden strategic investment fund.

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