News about Bandar Malaysia

KUALA LUMPUR (April 22): The revival of the Bandar Malaysia project is not only breathing new life into the share prices of big construction companies, but also building material players and even a durian plantations firm.

KUALA LUMPUR (April 22): Hong Leong Investment Bank Research (HLIB Research) sees the revival of the Bandar Malaysia project (pictured) as positive to the local construction industry.

  PETALING JAYA (April 20): Housing and Local Government (KPKT) Minister Zuraida Kamaruddin praised the doubling of affordable housing under the revived Bandar Malaysia project, reports Malaysiakini.

KUALA LUMPUR (April 19): The Prime Minister's Office (PMO) says today the government has decided to reinstate the Bandar Malaysia project that was abruptly terminated in May 2017, because the project will have a significant impact on Malaysia's economy.

KUALA LUMPUR (April 8): Shares of Iskandar Waterfront City Bhd (IWCity) rose as much as 12% in active trades this morning, as positive sentiment over the possible revival of the East Coast Rail Link (ECRL) continues to improve sentiment surrounding mega projects in the country.

KUALA LUMPUR (Oct 26): Shares of Gamuda Bhd and MMC Corp Bhd rose to their highest level in two weeks, after it was announced that their joint-venture firm will remain as the contractor for the underground portion of the Sungai Buloh-Serdang-Putrajaya MRT line (MRT2) project.

KUALA LUMPUR (Sept 12): In the latest development over alleged corruption in Kuala Lumpur land deals, former finance minister and chairman of the Council of Eminent Persons Tun Daim Zainuddin will meet the Malaysian Anti-Corruption Commission (MACC) today.

PETALING JAYA (September 11): Council of Eminent Persons chairman Tun Daim Zainuddin has proposed that the Bandar Malaysia project should be turned into a recreational park, and joked that it should include a museum dedicated to Datin Seri Rosmah Mansor’s handbags.

\KUALA LUMPUR (July 23): Iskandar Waterfront City Bhd (IWCity) fell 6.

KUALA LUMPUR (July 21): Iskandar Waterfront City Bhd (IWCity) announced that its parent firm, Iskandar Waterfront Holdings Sdn Bhd (IWH), has not submitted a fresh bid for projects related to the development of Bandar Malaysia, which was earlier touted to be worth RM160 billion in gross development value.