NFCorp's new buyer an expert in the industry, says minister

  • 📰 fmtoday
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 72%

Loans Loans Headlines News

Loans Loans Latest News,Loans Loans Headlines

Agriculture and Agro-based Industry Minister Salahuddin Ayub says he has been given assurance that the company is ready to make full repayment of its outstanding loan.

Agriculture and Agro-based Industry Minister Salahuddin Ayub greets people after the ministry’s monthly gathering in Putrajaya yesterday.

He said he was given assurance that the NFCorp issue would end soon as the company is ready to make full repayment of its outstanding loan to the finance ministry. “We just want them to comply with all the conditions set and not affect the interests of the ministry. They will be given the full space to build the ruminant industry in the future,” he told a press conference after the ministry’s monthly gathering here yesterday.

Finance Minister Lim Guan Eng had said that NFCorp still owes the government about RM253 million including interest and late interest charges as of April 30.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Setiap penerima geran atau pinjaman daripada Teraju diperiksa kes demi kes. Yang pasti, tidak ada sebuah entiti pun dpt hingga beratus juta drpd Teraju. Dlm kes nfcorp yg pinjam rm250 juta ini, apa tindakan seumpamanya yg diarahkan oleh yb guanenglim? chedetofficial AzminAli

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in LOANS

Loans Loans Latest News, Loans Loans Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Agriculture minister confirms in talks with potential buyer for NFCorp | Malay MailPUTRAJAYA, May 23 — Datuk Salahuddin Ayub confirmed today that a local corporation has expressed interest in buying over beleaguered National Feedlot Corporation (NFCorp). The agriculture and agro-based industry minister declined to provide further details as negotiations are ongoing. “I...
Source: malaymail - 🏆 1. / 86 Read more »

Agriculture minister confirms in talks with potential buyer for NFCorp | Malay MailPUTRAJAYA, May 23 — Datuk Salahuddin Ayub confirmed today that a local corporation has expressed interest in buying over beleaguered National Feedlot Corporation (NFCorp). The agriculture and agro-based industry minister declined to provide further details as negotiations are ongoing. “I...
Source: malaymail - 🏆 1. / 86 Read more »

NFC says prospective buyer prepared to pay outstanding loanMohamad Salleh Ismail says the company is awaiting gov't approval for restructuring. Bagus, selasaikan Hutang anda. Terima Kasih. This dodgy sod is either incompetent or a thief or both - alledgely buyingtime to avoid jail
Source: malaysiakini - 🏆 20. / 51 Read more »