Don’t Be Fooled By The Opposition On 1MDB Asset Sales, Says Malay Chamber of Commerce Malaysia

BATU PAHAT, Jan 7 — The Malay Chamber of Commerce Malaysia (DPMM) has been urged not to be influenced by opposition claims that the sale of 1Malaysia Development Bhd’s (1MDB) stake in Bandar Malaysia to a Chinese firm could sacrifice national sovereignty.

In making the call, Johor Menteri Besar Datuk Seri Mohamed Khaled Nordin said DPMM should understand that what the 1MDB management had done was to enter into a transparent share sale and purchase agreement with no hidden agenda or negative impact on the nation.

He said the investors from China would not dominate or monopolise the development of Bandar Malaysia as claimed by the opposition.

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