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KUALA LUMPUR (March 17): National Feedlot Corp Sdn Bhd s (NFC) net worth would be between RM85 and RM95 million if it was still in operation today, an expert witness told the court in the trial between the cattle farmer, its chairman Datuk Seri Dr Mohamad Salleh Ismail and nine others.
The defendant s first witness Andrew Heng, a partner in the firm Ferrier Hodgson MH, testified that the net worth of RM85-RM95 million was based on his projections. Heng was commissioned by NFC to conduct a review of a due diligence report conducted by PricewaterhouseCoopers Malaysia.
Heng said that his projections were based on the assumption that the government had made good in its obligation to build an Export Quality Abattoir (EQA) to carry out livestock farming and beef production. ....

Kuala Lumpur , Ferrier Hodgson , Datukk Kirubakaran , Mohamad Salleh Ismail , Anand Ponnudurai , Andrew Heng , National Feedlot Corp Sdn Bhd , Datuk Seri Dr Mohamad Salleh Ismail , Export Quality Abattoir , Judicial Commissioner Anand Ponnudurai , குவாலா லம்பூர் , ஃபெரியர் ஹோட்சன் , ஆண்ட்ரூ ஹெங் , தேசிய பீடுலோத் கார்ப் ஸ்டன் ப்ட் , ஏற்றுமதி தரம் அபட்டோரு ,