MUIB and PMCorp: a horrible deal from t…

"Ze Moola" attended me on a old corporate exercise from the MUIB stable. The "independent" report can be found here:$FILE/PMCorp-Circular.pdf In short, Malayan United Industries Bhd. (MUIB) had borrowed RM 1,067,000,000 from related party Pan Malaysia Corporation (PMCorp), if would not or could not pay the amount back, a horrible and highly unsatisfactory situation for PMCorp shareholders.

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