IWH CREC's deal to buy 60% of Bandar Malaysia terminated 


KUALA LUMPUR: TRX City Sdn Bhd and IWH CREC Sdn Bhd (ICSB) have mutually agreed to terminate a deal for the latter to acquire a 60% stake in Bandar Malaysia Sdn Bhd (BMSB).

The Restated and Amended Share Sale Agreement (RASSA) for the purchase of the 60% stake had lapsed on May 6, 2021.

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