Properties: Assets or Liabilities

You don’t make money just by owning properties. Management and business acumen also need to be applied. In business world, success is about REAL money. It is about the size of your profit margins and the amount of money you are actually making. ‘Potential’ is superb, ‘future anticipated profits’ are wonderful, ‘equity’ is fabulous – … Read more

1MDB Assets To Be Standalone Entities

KUALA LUMPUR: With the conclusion of its debt rationalisation plan, 1Malaysia Development Bhd (1MDB) can now heave a sigh of relief as it waits for the measures to take effect. With an initial debt amounting to RM42 billion, 1MDB began its six-month debt rationalisation plan in June last year which was expected to conclude by … Read more