How much of the telco rental arrears has PDC Telecommunication Services recovered?

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PDC Telecommunication Services Has Recovered RM1.82 Million in Structure Rental Arrears

PDC Telecommunication Services Sdn Bhd has successfully recovered RM1.82 million of the RM2.21 million in structure rental revenue arrears identified by the 2018 Auditor-General's Report. This recovery represents an 86 per cent reduction in the outstanding arrears, leaving a remaining balance of RM390,000.
Arrears Recovery Progress

The company has been actively working to collect these outstanding payments since 2018. The RM1.82 million collected signifies a substantial effort in clearing the debt owed by telecommunication companies for the rental of structures. These structures are provided by PDC Telecommunication Services, a subsidiary of Penang Development Corporation (PDC), which places telco infrastructure on state land for lease to telecommunication firms.
Outstanding Balance

Despite the significant recovery, a balance of RM390,000 in rental arrears remains. This remaining amount is still owed by telecommunication companies that have historically failed to meet their rental obligations consistently. PDC Telecommunication Services has implemented a mechanism to ensure more efficient rental collection going forward.
Actions for Non-Payment

Telecommunication companies with outstanding rental arrears will be issued a stern warning to settle their debts. Failure to do so will result in the prohibition of continued rental of these structures, indicating a firm stance by PDC Telecommunication Services to enforce payment compliance.

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How much of the telco rental arrears has PDC Telecommunication Services recovered?

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