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Plaza Rakyat stuck in arbitration

K
KiniTV

2 Views • Aug 12, 2015

Description

Kuala Lumpur Mayor Ahmad Phesal Talib today disclosed that plans to revive the Plaza Rakyat project have hit a roadblock.

He says they are still waiting for abitrators to make a decision, regarding demands by the consortium of lender banks who now administrate the bankrupt Plaza Rakyat Sdn Bhd.