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> There goes our EPF and PNB, EPF / PNB bailout of UK Battersea Projec

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SUSazhan82
post Jan 19 2018, 10:07 PM

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Joined: May 2015
From: Klang Valley


London’s Evening Standard newspaper reported that the proposed sale came after the costs of transforming the brick structure doubled from an initial forecast of about 750 million pounds to around 1.5 billion.

It said the spiralling costs had meant the profit return on the scheme had been cut from 20% to 8.2%.

ohmy.gif
EPF and PNB going into something that will give even less returns?
Confirm Bailout punya...




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