News about Bandar Malaysia

KUALA LUMPUR (July 20): Amidst a reported dearth of suitors for Bandar Malaysia, shares in Ekovest Bhd and Iskandar Waterfront City Bhd (IWCity) continued to rise in active trade today.

KUALA LUMPUR (July 19): Iskandar Waterfront City Bhd (IWCity) shares surged as much as 28.

PETALING JAYA (July 19): The government’s call for tender proposals for the development of Bandar Malaysia in Kuala Lumpur have attracted no suitors so far, said Ministry of Finance (MoF) special officer Tony Pua.

Gamuda Bhd (June 28, RM3.

KUALA LUMPUR (June 9): It looks like Putrajaya will not “inject” any more monies to the Tun Razak Exchange (TRX) (pictured) financial centre here, according to a very recent report by The Edge weekly.

PETALING JAYA (June 2): The 486-acre Bandar Malaysia development in Sungai Besi, which was to house the terminus of the recently-stopped Kuala Lumpur-Singapore high-speed rail (HSR) line, is still attractive thanks to its strategic location and two future mass rapid transit (MRT) stations coming up there, reported The Edge weekly.

KUALA LUMPUR (May 3): The consortium of Malaysian Resources Corp Bhd (MRCB) and Gamuda Bhd, and YTL High Speed Rail Sdn Bhd (YTL THP JV) — a joint venture (JV) between Syarikat Pembenaan Yeoh Tiong Lay Sdn Bhd and TH Properties Sdn Bhd — have accepted a letter of appointment (LoA) from MyHSR Corp Sdn Bhd, appointing the two consortiums as the project delivery partners (PDPs) for the northern and southern sections of the Kuala Lumpur-Singapore High Speed Rail (KL-S’pore HSR) project.

Gamuda Bhd (April 6, RM5.

PETALING JAYA (Dec 26): China Railway Corporation, the republic’s railway operator, will collaborate with China Railway Group Ltd, China Railway Construction Corp Ltd, China Communications Construction, CRRC Corp Ltd and other firms to bid for the Kuala Lumpur-Singapore high speed rail (HSR) project.

KUALA LUMPUR (Dec 14): China’s Wanda Group has denied allegations by a blogger that the company is facing a cash crunch, with assets having shrunk by more than half, Bloomberg reported today.