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.
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