Sabah Development Bank open to debt write-down to revive stalled PacifiCity project
KOTA KINABALU (Sept 22): Sabah Development Bank Berhad (SDB) is willing to consider a substantial reduction in its outstanding debt exposure to support efforts to revive the long-abandoned PacifiCity project. SDB said it remained supportive of efforts to find a viable solution for purchasers affected by the stalled development. The bank revealed in a statement [...] The post Sabah Development…
We haven't written up this one. Borneo Post Online has the full story — the link below goes straight to it.
