RM11.3 bil project with Temasek called off due to 'soft market', says PDC

August 8, 2019 8:04 PM

“However, due to soft market conditions, the project has been cancelled by all parties,” the statement read. Temasek is Singapore’s sovereign wealth fund with a reported net portfolio value of S$313 billion as of March 31 this year. The late state Umno chief Zainal Abidin Osman questioned the Singaporean companies’ abrupt withdrawal.

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