1MDB Has Transferred Ownership Of Its Lands To MOF Inc.

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BALIK PULAU, May 4 – 1Malaysia Development Bhd (1MDB), the government’s strategic development company, has transferred the ownership of all its lands, including plots of land in Air Itam here, to the Minister of Finance Incorporated (MoF Inc). Its Chief Executive Officer, Arul Kanda Kandasamy, said that under the rationalisation plan,

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