Tajuk : BIGGEST JOKE – AFTER 10% DEPOSIT REFUND, RAHMAN DAHLAN SAYS ‘NO FLIP FLOP TERMINATION’, IWC-CREC CAN STILL BID FOR BANDAR M’SIA
link : BIGGEST JOKE – AFTER 10% DEPOSIT REFUND, RAHMAN DAHLAN SAYS ‘NO FLIP FLOP TERMINATION’, IWC-CREC CAN STILL BID FOR BANDAR M’SIA
BIGGEST JOKE – AFTER 10% DEPOSIT REFUND, RAHMAN DAHLAN SAYS ‘NO FLIP FLOP TERMINATION’, IWC-CREC CAN STILL BID FOR BANDAR M’SIA
There was no flip-flop in the termination of the Iskandar Waterfront Holdings (IWH) and China Railway Engineering Corp (CREC) consortium’s 60 percent stake in Bandar Malaysia, a minister said.
Minister in the Prime Minister’s Department Abdul Rahman Dahlan said Johor-China consortium can also still bid to become the master developer of Bandar Malaysia.
“During his trip to Beijing, the PM (Najib Abdul Razak) has made it clear that the new consortium can include the previous consortium players. They can still participate, as long as the numbers are okay.
“The deal was never a flip flop, there were certain conditions not fulfilled by the previous consortium, so the Government terminated the deal, legally, and called for another tender, which is beneficial to the country as the value (of the land) has now appreciated a lot,” Rahman was quoted as saying by The Edge today.
In 2015, the government sold off a majority stake in Bandar Malaysia to IWH-CREC as part of a 1MDB debt rationalising exercise.
The stake was terminated on May 3,, with landowners TRX City Sdn Bhd saying the consortium did not meet payment obligations for its 60 percent stake. The consortium had disputed this claim.
The Straits Times cited officials involved in the 1MDB debt restructuring as saying that the consortium had failed to prove they had the RM1.93 billion needed to relocate the Sungai Besi airbase.
The report also cited government officials as saying that CREC had failed to obtain approval from China’s financial regulators.
Since then, news emerged that a different Chinese firm – development giant Dalian Wanda – was eyeing the Bandar Malaysia project.
Najib had on Saturday paid a visit to Dalian Wanda, and expressed confidence in their ability to do great things in Bandar Malaysia.
However a deal has yet to be signed between the two.
– M’kini
.
✍ Sumber Pautan : ☕ Malaysia Chronicle
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There was no flip-flop in the termination of the Iskandar Waterfront Holdings (IWH) and China Railway Engineering Corp (CREC) consortium’s 60 percent stake in Bandar Malaysia, a minister said.
Minister in the Prime Minister’s Department Abdul Rahman Dahlan said Johor-China consortium can also still bid to become the master developer of Bandar Malaysia.
“During his trip to Beijing, the PM (Najib Abdul Razak) has made it clear that the new consortium can include the previous consortium players. They can still participate, as long as the numbers are okay.
“The deal was never a flip flop, there were certain conditions not fulfilled by the previous consortium, so the Government terminated the deal, legally, and called for another tender, which is beneficial to the country as the value (of the land) has now appreciated a lot,” Rahman was quoted as saying by The Edge today.
In 2015, the government sold off a majority stake in Bandar Malaysia to IWH-CREC as part of a 1MDB debt rationalising exercise.
The stake was terminated on May 3,, with landowners TRX City Sdn Bhd saying the consortium did not meet payment obligations for its 60 percent stake. The consortium had disputed this claim.
The Straits Times cited officials involved in the 1MDB debt
The report also cited government officials as saying that CREC had failed to obtain approval from China’s financial regulators.
Since then, news emerged that a different Chinese firm – development giant Dalian Wanda – was eyeing the Bandar Malaysia project.
Najib had on Saturday paid a visit to Dalian Wanda, and expressed confidence in their ability to do great things in Bandar Malaysia.
However a deal has yet to be signed between the two.
– M’kini
.
✍ Sumber Pautan : ☕ Malaysia Chronicle
Kredit kepada pemilik laman asal dan sekira berminat untuk meneruskan bacaan sila klik link atau copy paste ke web server : http://ift.tt/2qmKjIb
(✿◠‿◠)✌ Mukah Pages : Pautan Viral Media Sensasi Tanpa Henti. Memuat-naik beraneka jenis artikel menarik setiap detik tanpa henti dari pelbagai sumber. Selamat membaca dan jangan lupa untuk 👍 Like & 💕 Share di media sosial anda!
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