Talam on stronger footing


Talam Transform executive director Chua Kim Lan (left) and executive director, corporate affairs, Yaw Chun Soon.

Talam Transform Bhd has returned to the path of financial stability after a debt rationalisation exercise which includes asset divestment programme, debt conversion into financial instruments and settlement of debts through contra of properties with creditors.

The disposal of some 6000 acres of development land and investment properties over the past decade has raked in close to RM2bil that helps to pare down its massive debts and steers the property group to rosier times ahead.

Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , talam , revival , projects

   

Next In Business News

Curb appeal can enhance a home’s value
Beware of rental scams!
Divorce 101: How property is divided
Cautious tone expected for ringgit versus US dollar trading next week
U Mobile to reduce foreign majority shareholdings to 20%
MACC investigating Khazanah, PNB's unsuccessful investment
Another data centre job for Gamuda
SOBA judges, past winners share winning tips
Government and venture capital
Low volatility a remedy for the extremes?

Others Also Read