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2013-11-06 14:19 | Report Abuse
PFC Eng Sdn Bhd has been in the steel business from 2002 and departed from Maju Group in 2007 becoming a privately-held company heavily doing O&G businesses with Petronas ever since. They bought over the pottery company (APP Industries Bhd)in 2011 which was renamed PFCE Berhad for the purpose of RTO exercise.
PFCE-IPP is an SPV to lead the tower development which is totally using private finace initiatives not a single cent from shares or gov money.
FULL STEAM AHEAD FOR PFCE’S MAHA TOWER
2013-11-08 15:40 | Report Abuse
This project is about development of the tower and is totally independant not asking for any investment/shares since its using PFI. Plus it has nothing to do with the O&G sector. On that note, i think its best to come up with facts rather than basing allegations from merely talks, rumours and word of mouth