Johor DAP questioned KPRJ on its shares disposal

Johor DAP questioned KPRJ on its shares disposal

This morning at a press conference called by Johor DAP. Its state chief, Dr. Boo Cheng Hau questioned the state government rationale in divesting KPRJ shares, which is an investment arm of the state when KPRJ is making money.

Dr. Boo said, the people in Johor want to know whether the state government has seek experts advice on the sale on KPRJ shares and also asked why it wasn’t tender out for the highest bidder.

He was quoted as saying that he will be raising the issue during the coming state assembly which is scheduled on March 15, 2012.

Video by Steven Chen, Citizen Journalist

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Steven Chen

Steve is a Citizen Journalist based in Johor Bahru.