GEORGE TOWN: The sale of the state’s hold on the only piece of development land in Pulau Jerejak to a private developer was engineered by “key people” in the state government.
It is learnt that the developer was asked to “step in” after state investment arm Penang Development Corporation (PDC) had difficulty working with majority joint-venture partner UDA Holdings.
Already a subscriber? Log in.
Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.
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!
