News about CREC

KUALA LUMPUR (July 18): Shares in Iskandar Waterfront City Bhd (IWC) jumped as much as 35 sen or 28.

KUALA LUMPUR (July 5): The request for proposal (RFP) for the appointment of the master developer for the RM12.

KUALA LUMPUR (June 23): Malaysia announced today the request for proposal (RFP) to select Bandar Malaysia's master developer, the Finance Ministry said in a statement.

KUALA LUMPUR (June 5): Titijaya Land Bhd plans to leverage on the strength of its partner China Railway Engineering Group Ltd (CREC), one of the world’s largest construction companies, to pursue large scale, capital-intensive construction projects.

KUALA LUMPUR (May 24): Ekovest Bhd has come out to say that the alignment of the Setiawangsa-Pantai Expressway (SPE), formerly known as the Duta-Ulu Kelang Expressway Phase 3 (DUKE 3), will not be affected by the recent termination of IWH CREC Sdn Bhd’s purchase of a 60% stake in Bandar Malaysia Sdn Bhd for RM7.

KUALA LUMPUR (May 19): Opposition lawmaker Tony Pua has lambasted Prime Minister Datuk Seri Najib Razak for making up plans for Bandar Malaysia as he goes along, and criticised the development as one that “lacked any direction”.

KUALA LUMPUR (May 18): Parties interested to take up the role of master developer for the multibillion-ringgit Bandar Malaysia development in Sungai Besi here have up to June 30 to submit their proposals.

KUALA LUMPUR (May 17):  TRX City Sdn Bhd and Bandar Malaysia Sdn Bhd will soon announce the request for proposal (RFP) process, inviting expressions of interest for the role of master developer of Bandar Malaysia, Bernama reported Prime Minister Datuk Seri Najib Tun Razak saying today.

KUALA LUMPUR (May 17): Shares in Iskandar Waterfront City Bhd (IWCity) rose in active trade this morning after Minister in the Prime Minister's Department Datuk Seri Abdul Rahman Dahlan said IWH CREC Sdn Bhd is allowed to bid for the Bandar Malaysia real estate project again as long as the offer is right for the Malaysian government.

KUALA LUMPUR (May 16): Iskandar Waterfront City Bhd (IWCity) shares fell 7% while Ekovest Bhd dropped 5% on profit taking after the Malaysian Government confirmed IWH CREC Sdn Bhd is allowed to bid for the Bandar Malaysia real estate project again.