: Government-linked company Mara Incorporated has suffered significant financial losses amounting to RM286.3 million as a result of “inefficient” business activities, according to the 2024 Auditor-General’s
In the report, it was found that the GLC’s loan arrears to MARA impacted its current net liability standing, resulting in Mara Inc being unable to pay its shareholders dividends since 2014.Mara Inc owns three local properties, four in the UK and two in Australia, reporting an equity deficit of RM115.73 million with liabilities amounting to RM234.96 million.
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