News about 1MDB

KUALA LUMPUR (July 14): Some 40 interested parties, including local government-linked corporations (GLCs) and foreign state-owned investment firms, have submitted proposals to participate in the development of Bandar Malaysia, a property project wholly owned by 1Malaysia Development Bhd (1MDB).

KUALA LUMPUR (July 3): The Royal Malaysian Air Force (RMAF) has begun relocating to several locations and is expected to be completed by end-2016, reports The Edge Financial Daily today.

KUALA LUMPUR: Tadmax Resources Bhd has completed the disposal of a parcel of land in Pulau Indah, Selangor to 1Malaysia Development Bhd’s (1MDB) unit Ivory Merge Sdn Bhd for RM294.

KUALA LUMPUR (June 30): Tadmax Resources Bhd clarified today that the valuation of its Pulau Indah land for sale to 1Malaysia Development Bhd (1MDB) was not subject to approval by the Securities Commission Malaysia (SC).

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.