I think they cancel the iwcity crec deal because of wanda offer a better deal. This deal had been discussed . They jus wayang. N said so far no discussion on the wanda investment details.
Wonder why thestar after the iwcity deal was cancelled then next day the wanda name pop up on the star news. Hehe
bandar msia cannot be disneyland-lah . Wheather so hot , snow white also can melt. anyway, sure confirm mrcb is the master developer. If not, how can epf pay 6% every year dividend.
We see MRCB as a beneficiary of the upcoming mega rail projects by virtue of its expertise in Transit Oriented Developments (TODs). MRCB’s experience with TODs includes KL Sentral, PJ Sentral, Penang Sentral and Kwasa Damansara. It was recently reported that a consortium led by MRCB is in negotiations to build an integrated transport terminal in Bandar Malaysia to cater for the HSR. The transport terminal will provide an integration point between the HSR with the MRT2, MRT3, KTM and ERL. According to the masterplan, some 11-12% (55-60 acres) of Bandar Malaysia’s land has been earmarked for the transport terminal. It was also reported that while IWH-CREC has been terminated as the master developer for Bandar Malaysia, this will not impact the transport terminal as MRCB is in direct negotiations with the MoF to implement the project.
People want to run .iwc. big boss stuck in there. Release this news. To sell to u guys. U guy still go in based on the rumour iwc might get back the project. Good luck.
U mus ask . Do u think the iwc project cancellation is not done in careful planning ? After few days of the cancellation news. Immediately return 700 m deposit to iwc. U think government really got so much money . ? This is a planned move.
TRX City, a wholly-owned unit of the ministry of fi nance, had indeed re- funded the deposit of RM741 million plus other payments to IWH-CREC last week. Th e refund signifi ed the offi cial termination of the stake sale. Meanwhile, Najib also met Wan- da Group’s owner Wang Jianlin, who expressed his interest in participating in the development of Bandar Ma- laysia. Wang is China’s richest man. Najib told reporters that he ex- pected Wanda to accept Malaysia’s invitation to develop Bandar Ma- laysia, expressing confi dence that the leading Chinese property and entertainment group could “deliver something extraordinary, something so imaginative that we can create Bandar Malaysia as something that all Malaysians and the region can be proud of”.
its just peculiar why MRCB is not moving forward as job in hand is intact.with the status developer as TOD price is not moving forward as compared to Malton with no precise project in hand...
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Lim Yan Kai
109 posts
Posted by Lim Yan Kai > 2017-05-14 17:01 | Report Abuse
tomorrow will up?