Public housing agency Perbadanan PR1MA Malaysia may be dissolved, pending a due diligence and turnaround plan which hinges on the take-up rate of its units becoming actual sales.
The turnaround plan is to help PR1MA make good its obligations, or a āsubstantial partā of whatever it has contracted.
It will also try āas much as possibleā not to default on its contracts, PR1MA chairman Tan Sri Eddy Chen Lok Loi said.
āWe are looking very hard, at the end of the day, to meet our obligations or substantial part of our obligations.
