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Questions Over KL Tower Sale

P. Gunasegaram, Independent Business Writer

Morning Run · Morning Brief · 2 Jan 2023 · 11 mins listen

The sale of the KL Tower concession from TM to little known entity Hydroshoppe Sdn. Bhd. for RM3.8 million has drawn scrutiny, given that the business made an annual profit to the tune of RM20 million in 2019. Business commentator P. Gunasegaram gives us a breakdown on the corruption concerns that this deal raises.

Image credit: Shutterstock

Produced by:

Moh Heng Ying,Philip See

Presented by:

Shazana Mokhtar,Wong Shou Ning,Chong Tjen San

Categories:

controversies,government

Tags:

kl tower concession,corruption

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