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The Selangor State Development Corporation has rejected claims that it suffered RM103.7 million in losses and carries RM6.1 billion in debt, describing the allegations as inaccurate and misleading.
Malaysia's housing ministry has identified 303 private housing projects as 'sick' as of June, involving 43,288 units worth RM40.25 billion. Of these, 100 have been confirmed abandoned, with Selangor recording the highest number of problem projects.