Why were TDM Bhd assets sold at loss, asks ex-deputy minister PETALING JAYA: A former deputy minister is demanding answers regarding the disposal of assets belonging to Terengganu subsidiary company TDM Bhd, claiming the sale was done at a loss. In a statement, former deputy housing and local government minister Raja Kamarul Bahrin Shah said that if managed properly, business assets typically appreciate in value. “Why was TDM’s assets in Indonesia sold off at RM115 million when it was believed to have been purchased at a much higher price? On July 29, The Edge Markets reported that TDM Bhd had disposed of its entire stake in two Indonesian plantation firms for a total of RM115 million, a move aimed at exiting Indonesia and focusing its resources on its Malaysian operations
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
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Posted by Icon 888 > 2022-07-14 01:16 | Report Abuse
Keep cash .. wait crisis