Bandar Malaysia conundrum


STICKY issues surrounding a RM2bil bond issued by Bandar Malaysia Sdn Bhd when it was under the purview of 1Malaysia Development Bhd (1MDB) are said to be the main point of negotiations between the government and its prospective new controlling shareholders.

In the recently announced Budget 2020, Finance Minister Lim Guan Eng had stated that the government was selling Bandar Malaysia and negotiations were still ongoing.

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Bandar Malaysia , 1MDB , development , Lim Guan Eng

   

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