Thursday, July 2, 2015

MARA Reported to Overpay for Purchases of Property

Last week the Australian daily by A$4.75mil for the purchase of Dudley House Apartment block in Melbourne Australia in 2013.

Now, it is reported that two more properties were acquired using a similar the same method. The total money overpaid is RM66.2mil.

The two other properties are:

1. 51, Queen Street property  in March 2013- overpaid by A$5.35 (RM18mil)  

2. 333, Exhibition Street  - overpay by A$9mil  - Amount paid A$31mil when the price was A$21mil about  month before.

Star 2 Jul 2015


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