By A Ananthalakshmi
The consortium refuted allegations that it had failed to make necessary payments.
IWH CREC has disputed claims by TRX City Sdn Bhd over the sale.
A deal by a former unit of troubled state fund 1Malaysia Development Berhad (1MDB) to sell its stake in a property development project to a consortium including China’s state-owned China Railway Engineering Corporation (CREC) has lapsed. TRX City Sdn Berhad, a former 1MDB unit which was transferred to Malaysia’s finance… Read more »
Axata has committed $11.5m; Mavcap gave $4.6m for the same fund.
Takeover offer extended at MYR 1 per share.
KWAP acquired the building at A$185 million in 2011.
Chong takes the position as the asset manage’rs earlier CEO Wong Boon Choy retires
Robin Lee, CEO and co-founder of Malaysia-based HelloGold, is tapping the potential that melding gold trading and the blockchain offer.
This is IFC’s 2nd investment within a week in Asia’s renewable energy sector.
PUC set up by China Founder Group is first China government linked firm to list on the ACE Market of Bursa