Innalilaahi wa inna ilaihi raajiun
Its Ok, Petronas Will Lose Only RM2.16 Billion.
PETALING JAYA: (Petronas) could incur RM2.16bil following decision to abort (RM124bil) Pacific NorthWest liquefied natural gas (LNG) project in western Canada.
(Japex) that has a 10% stake in the Pacific NorthWest LNG project consortium would take a loss of about (RM349mil)
Petronas’ portion would be about six times the amount considering its 62% stake in the consortium,” said an industry analyst.
Read more at http://www.thestar.com.my/business/business-news/2017/07/27/petronas-likely-to-take-a-hit/#jhVo3VOQziuWYGpP.99
Read more at http://www.thestar.com.my/business/business-news/2017/07/27/petronas-likely-to-take-a-hit/#jhVo3VOQziuWYGpP.99
My comments : One commenter said Petronas has not built anything yet on the ground.
So they spent the RM2.16 Billion on halal hamburghers? Where did the money go.
Like the Dumbno business model. Plan it, spend money then cancel it. Then pay compensation, claims, pampasan etc.
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