KUALA LUMPUR (July 26): Tabung Haji has indicated it will not sell the Tun Razak Exchange (TRX) land that it purchased from 1Malaysia Development Bhd (1MDB), as the pilgrimage fund sees long-term value in the piece of land.
PETALING JAYA (June 17): TRX City Sdn Bhd, the property development arm of 1Malaysia Development Bhd (1MDB), achieved a net profit of RM380.
KUALA LUMPUR (Feb 4): Lembaga Tabung Haji said it will be developing the 1.
PETALING JAYA (Feb 2): Retirement Fund Inc (KWAP) and other state investors are cashing out of the London property market and being forced to repatriate funds home as the country grapples with financial scandals linked to 1Malaysia Development Bhd (1MDB), the Financial Times (FT) reported today.
GEORGE TOWN (Jan 13): The State Land and Mines Office has been instructed not to authorise any land transactions involving 1Malaysia Development Bhd (1MDB) without the state's prior approval.
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KUALA LUMPUR (Jan 6): As 1Malaysia Development Bhd (1MDB) received flak over its statement that the sum it quoted under the Bandar Malaysia deal is subject to revision, the state investment fund further clarified today aspects of the deal with the consortium of Iskandar Waterfront Holdings Sdn Bhd (IWH) and China Railway Engineering Corp (M) Sdn Bhd (CREC).
KUALA LUMPUR: China Railway Group Ltd’s filings with the Hong Kong Stock Exchange has created some confusion over the exact value of 1Malaysia Development Bhd’s (1MDB) sale of a 60% stake in Bandar Malaysia Sdn Bhd, to a 60:40 consortium of Iskandar Waterfront Holdings Sdn Bhd and China Railway Engineering Corp (M) Sdn Bhd (CREC).
KUALA LUMPUR (Dec 31): 1Malaysia Development Bhd (1MDB) is selling 60% of Bandar Malaysia Sdn Bhd to a consortium comprising Iskandar Waterfront Holdings Sdn Bhd (IWH) and China Railway Engineering Corp (M) Sdn Bhd (CREC) for RM7.
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