Blog: Calling ‘a spade a spade’, Guan Eng says Putrajaya’s debts and liabilities now 80pc of GDP

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3 comment(s). Last comment by tksw 2018-05-25 09:42

VenFx

14,784 posts

Posted by VenFx > 2018-05-24 22:27 | Report Abuse

Malaysian Rakyat deserve the truth.
Thanx for the hard work LGE.

tksw

12,587 posts

Posted by tksw > 2018-05-25 09:38 | Report Abuse

VenFx sifu, Prasarana owns all these LRT MRT ler, I think it is only a guarantee. Unable to pay their debts than very serious already, means they are making huge losses, or their debt structure got problem.

tksw

12,587 posts

Posted by tksw > 2018-05-25 09:42 | Report Abuse

If it is really that badm it is possible for Prasarana to restructure and list some entities under it and get money from the IPO, or convert the debts to shares gua

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