Confusion after China firm says paid less for Bdr M'sia stake
- 8 years ago
A regulatory filing by China Railway Group Ltd to the Hong Kong Stock Exchange (HKEx) made at 6.23pm, Jan 3, 2015 stated that the share sale agreement stipulates a price tag of RM5.28 billion for the 60% equity in Bandar Malaysia Sdn Bhd.
This is about 28% lower than the RM7.41 billion figure that 1MDB announced on Dec 31, 2015 for the deal.
This is about 28% lower than the RM7.41 billion figure that 1MDB announced on Dec 31, 2015 for the deal.