Write For Us

Dr Wee: When did BUCG ever own 10% of SPV?

E-Commerce Solutions SEO Solutions Marketing Solutions
82 Views

  • Thanks! Share it with your friends!

    You disliked this video. Thanks for the feedback!

admin
Published
MCA deputy president Datuk Seri Dr Wee Ka Siong revealed on Thursday that Beijing Urban Construction Group (BUCG) never owned a 10% equity in the special purpose vehicle (SPV) for the Penang undersea tunnel and three roads project as claimed by the Penang government. At a press conference, Dr Wee showed that BUCG only held less than 1% of shares — 0.00571% to be exact — in the SPV, before it was eventually left out of the project.
Category
TV Saluran - TV Channel
Sign in or sign up to post comments.
Be the first to comment