Who gains from Bandar Malaysia fallout?


THERE are many in Malaysian corporate history who have gone through the pain of seeing what seems to be a sure-fire deal turning sour.

The blow dealt to the joint venture of Iskandar Waterfront Holdings Sdn Bhd (IWH) and China Railway Engineering Corp (M) Sdn Bhd (CREC) to cancel the mandate to develop Bandar Malaysia is indeed severe.

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Business , 1mdb finance

   

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