Our website is made possible by displaying non-intrusive online advertisements to our visitors.
Please consider supporting us by disabling or pausing your ad blocker.
MBSB’s loss is everyone lost since EPF is the largest shareholder.
Also, MBSB has very questionable valuation mechanism, I have seen many properties with market value of 400-500k, but mbsb gave out loan at 1mil, end up Lelong only recover 200-300k. Again, everyone indirectly foot the bill since is epf as the shareholder
