Tuesday, 14 July 2015

1MDB's KL Bandar Malaysia project eyed by local and foreign developers

Several top local and foreign developers who have projects in Malaysia, have made known their interest in 1Malaysia Development Bhd’s (1MDB) Bandar Malaysia project here.

A statement from transaction adviser CH Williams Talhar & Wong said they received “strong interest”, with some “40 parties, including some consortiums”, answering the project’s call for expression of interest after the July 10 deadline .

Local interest came from major developers and government-linked companies. It is learnt that among the names are S P Setia Bhd, Mah Sing Group Bhd, Sime Darby Bhd and Gamuda Bhd.

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