M Malayan Post

Clear, modern coverage of Malaysian news and analysis.

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#asset-sale

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Anwar Halts Felda Hotel Sale at £60m Loss, Orders Full Inquiry

Prime Minister Anwar Ibrahim has blocked the Federal Land Development Authority's proposed sale of a hotel for £100 million, down from its £160 million purchase price. He has ordered management to submit a comprehensive report into the transaction.

· · 5 min read