(Reuters) - French IT company Atos said on Monday it had secured funding of 1.675 billion euros ($1.82 billion) to restructure its debt through a lock-up agreement with a group of banks and bondholders, accounting for more than 50% of its creditors.
HOMEOWNERS of Kampung Sungai Baru, Kuala Lumpur, who did not agree to its redevelopment, deserve a fairer compensation, said Federal Territories Amanah Chairman Khalid Abdul Samad.
"The Kampung Sungai Baru land should be priced more than MAS land considering the various restrictions that the MAS land has. "Those who get RM198,000 cannot even get an apartment unit in Kuala Lumpur," he said, during a press conference held at Pusat Rukun Tetangga Kampung Sungai Baru, Kuala Lumpur. "I am very disappointed with the Madani Government and a renegotiation should be done for the people for a fairer compensation," he said.
Malay Agricultural Settlement Shahidan Kasim
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