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A restructuring plan for 1MDB, but do we know the problems? – T.K. Chua

29 May – According to news reports, a restructuring plan is being proposed for 1Malaysia Development Bhd (1MDB) and the Cabinet will be considering it. What an irony really: 1MDB has only been in operation for a few years but the company is now faced with insurmountable challenges requiring major restructuring. Sometimes I wonder whether we set up 1MDB to create value or fiascos. Why is it that everything we…

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