Archive for August 26th, 2009

PKFZ: Five accused of conspiracy

Wednesday, August 26th, 2009

PUTRAJAYA (Aug 26, 2009): Port Klang Authority (PKA) chairman Datuk Lee Hwa Beng today upped the ante on the controversial Port Klang Free Zone (PKFZ) project issue by lodging a report at the Malaysian Anti-Corruption Commission (MACC) against three individuals and two companies involving disputed claims amounting to RM740 million. He submitted two voluminous... »

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KDSB proposes early redemption of bonds

Wednesday, August 26th, 2009

KUALA LUMPUR (Aug 26, 2009) : Port Klang Free Zone (PKFZ) turnkey developer Kuala Dimensi Sdn Bhd (KDSB) has suggested an early redemption of the bonds issued to finance the project to help reduce costs from the current RM4.6 billion to as low as RM3.2 billion. KDSB deputy chief executive officer Datuk Faizal Abdullah... »

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