News about 1MDB

KUALA LUMPUR (June 22): 1Malaysia Development Bhd (1MDB) said the request for proposal (RFP) process for its Bandar Malaysia development here has begun, with its wholly-owned subsidiary 1MDB Real Estate Sdn Bhd (1MDB RE) calling for development partners.

KUALA LUMPUR (June 16): Pilgrims fund Lembaga Tabung Haji's delay in selling off its land at the Tun Razak Exchange (TRX), which it bought from troubled 1Malaysia Development Fund (1MDB), is an indication that it is having problems selling the land, said an opposition federal lawmaker.

KUALA LUMPUR (June 16): 1Malaysia Development Bhd (1MDB) said it had paid RM230 million to acquire a 70-acre (3.

KUALA LUMPUR (June 16): Barisan Nasional lawmakers at Parliament late last night were urging Lembaga Tabung Haji not to sell the piece of land in the Tun Razak Exchange (TRX) that it bought from 1Malaysia Development Bhd (1MDB) — a purchase that has caused public outcry over the pilgrim fund bailing out the debt-laden strategic investment fund.

KUALA LUMPUR (June 15): Pilgrims fund Lembaga Tabung Haji has yet to finalise the sale of its parcel of land at the Tun Razak Exchange (TRX) project, which it bought from 1Malaysia Development Bhd (1MDB) in April, Putrajaya said today.

KUALA LUMPUR (June 12): 1Malaysia Development Bhd (1MDB) will launch a request for proposal (RFP) for Bandar Malaysia here in the next two weeks to select equity investors for the planned real estate project.

KUALA LUMPUR (May 26): Lembaga Tabung Haji is in the midst of finalising the sale and purchase agreement for the sale of the 0.

KUALA LUMPUR (May 25): Boustead Holdings Bhd's net profit for the first quarter ended March 31, 2015 (1QFY15) has plunged 99.

  KLANG (May 17): Prime Minister Datuk Seri Najib Razak yesterday insisted that state fund 1Malaysia Development Bhd's (1MDB) RM42 billion was not lost, saying that the money was now part of the Tun Razak Exchange (TRX) and Bandar Malaysia landbank.

KUALA LUMPUR (May 14): With the controversy over the sale of 1Malaysia Development Berhad's (1MDB) land in the Tun Razak Exchange (TRX) financial district to Lembaga Tabung Haji still raging, a PAS leader has upped the ante by asking who made the decision to sell the land, originally earmarked for Bumiputera, to the state investment vehicle.