Yesterday's Berita Harian and New Straits Times announced that Khazanah is set to invest RM125 million into the investment vehicle of Country Heights Holding Bhd (CHHB). Loan stock will be issued to finance this, which will enable CHHB pay their outstanding loans to commercial banks.

I cannot see how any of CHHB's business areas can be of national interest. As primarily a real estate developer, the state of CHHB's finances can only affect the homes of the rich. Is this another bailout?