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1MDB may lose RM1bil after 'hasty' land deals
Published:  Sep 21, 2014 1:43 PM
Updated: 6:03 AM

The government's investment arm 1Malaysia Development Bhd (1MDB) could lose more than RM1 billion after landing itself in a "no-win" situation due its "hasty" purchase of more than 234 acres of land in Penang last year, The Edge reported today.

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