1MDB seeks Pulau Indah land buyers
KUALA LUMPUR (Sept 21): State-owned 1Malaysia Development Bhd (1MDB) has launched a tender exercise for its 127ha (318 acre) land in Pulau Indah, Selangor.
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Four bidders shortlisted for Bandar Malaysia project
KUALA LUMPUR (Sept 11): Four companies and/or consortia have been shortlisted and approved by 1Malaysia Development Bhd (1MDB) as potential development partners to develop the 486-acre Bandar Malaysia in Kuala Lumpur.
LBS plans special dividend after early payment from China asset sale
KUALA LUMPUR (Sept 1): LBS Bina Group Bhd has earmarked 40% from a HK$200 million (RM108 million) part payment as special dividend.
12 companies submit bids for Bandar Malaysia project
PETALING JAYA (Sept 1): Twelve companies have submitted proposals for the final stage of evaluation to participate as development partners in the 486-acre Bandar Malaysia project in Sungai Besi, Kuala Lumpur.
Affin: TRX land price at a 2.3% discount to market value
KUALA LUMPUR (Aug 12): Affin Holdings Bhd said the purchase price of RM255 million, or RM4,699 per sq ft, for a 54,266-sq-m plot of land at Tun Razak Exchange (TRX) here represents a discount of RM6 million or 2.
PKR wants Affin owner to review TRX land buy, citing conflict of interest
KUALA LUMPUR (Aug 12): PKR wants Armed Forces Fund Board (LTAT) to compel its associate company Affin Holdings Bhd and Affin Bank Bhd to review its recent purchase of land in 1Malaysia Development Bhd's (1MDB) Tun Razak Exchange (TRX) project, citing conflict of interest.
Affin’s land deal is affordable but pricey
KUALA LUMPUR (Aug 12): Besides the bearish market sentiment, the purchase of land in Tun Razak Exchange (TRX) at a record high transaction price has accelerated the fall in Affin Holdings Bhd’s share price, which hit a 3½-year low yesterday.
DUKE 3 to run along the border of Bandar Malaysia
PETALING JAYA (Aug 10): The realignment of the Duta-Ulu Kelang Expressway Phase 3 (DUKE 3) is expected to run along the border of the 495-acre Bandar Malaysia development in Sungai Besi, the digitaledge Weekly reported today.
Lembaga Tabung Haji still considering offers for TRX land, says chairman
KUALA LUMPUR (July 28): Lembaga Tabung Haji (LTH) is still evaluating offers for the proposed sale of a parcel of land it bought from 1Malaysia Development Berhad (1MDB) at Tun Razak Exchange (TRX) earlier this year, its chairman Datuk Seri Abdul Azeez Abdul Rahim said today.
Forty investors keen on Bandar Malaysia
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).
