| Penang has warned 1Malaysia Development Bhd (1MDB) that it will be an uphill task to gain planning approvals for its development project on the 234 acres land if it deviates from its promise to build affordable housing there.
Penang Chief Minister Lim Guan Eng said the sovereign wealth fund will also face difficulties due to unresolved squatter issues on the land. “I want to warn 1MDB that we will not allow them to throw out the present land tenants for a project other than affordable homes,” he said...............................................Full Article: Source
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