General : Using Management Estimates To Determine TH Asset Value Raises Financial Risks - Economists
By Shaidathul Suhana Ros KUALA LUMPUR, Aug 18 (Bernama) -- The Royal Commission of Inquiry (RCI) report’s disclosure that RM4.044 billion of Lembaga Tabung Haji’s (TH) property asset valuations for 2017 was based solely on management estimates posed a significant risk to the institution’s financial position, according to economists.
We haven't written up this one. Bernama has the full story — the link below goes straight to it.
