Xox To Acquire Perak Fc For Just Rm1
Interesting enough, XOX only has to pay RM1 to obtain Perak FC from its current owner, Impact Media & Communication (IMC) who just took over the club last November. Despite the extremely low price tag, the tech company has to take over all of the club’s existing debt as well as other financial and operational difficulties that it is experiencing at the moment. The tech company apparently has forked out an initial payment of RM100,000 to ease the burden currently faced by the club players and staff members....