Lim failed to highlight the significant land asset value of the TRX project, says ex-PM.
COMMENT | Pacta sunt servanda is sacrosanct only when contracts are fair and just.
DAP rep calls on Finance Ministry to give Irwan a new deadline to find a master developer.
This is in response to allegations made by a blogger on Chinese networking site WeChat.
Four months have passed, so where’s the appointment of this developer, MP Tony Pua asks treasurer-general.
Treasury sec-gen says, 'wait, the time will come,' when pressed for further details.
After Pua’s remarks on 1MDB-linked projects, See-to says DAP is ‘against country's interests.’
UPDATED 6.50PM | PARLIAMENT | The preliminary approvals for the projects have been given, adds the FT minister.
The MP says the size of the 1MDB-linked projects would worsen the property glut cabinet wants to halt.
UPDATED 7.44PM | KL's Bandar M'sia project not hit by cabinet's development moratorium, says Mohd Amin Nordin.
MP SPEAKS | A new developer yet to be found after Putrajaya ended previous deal six months ago.
UPDATED 11.59PM | It was an unexploded bomb from the Second World War, police say. Three were injured.
UPDATED 2.50PM | It's uncertain which of the six will submit proposals by end of this month, says Treasury sec-gen.
After talks with Dalian Wanda, Putrajaya decided to look beyond the group for more options.
'We will collect (the submissions) and then we will evaluate,' says Treasury sec-gen Mohd Irwan Serigar Abdullah.
COMMENT | Bandar M’sia partner Wanda Group’s recent activities raise doubts about Najib’s judgment.
COMMENT | The people surrounding PM don't actually know China.
'The proposer must demonstrate how their proposal focuses on the key themes of serving people and the national interest of M'sia.'
Bandar M'sia chairperson Mohd Irwan Serigar Abdullah says he is looking for companies with 'great experience'.
Only then it will consider whether to invest, as 'we don't have the ability to go at it ourselves', says CEO.
KINIGUIDE | Many wonder who is behind the world’s biggest private property developer.
KINIGUIDE | This is to understand what the gov't plans to achieve, and what troubles have developed along the way.
The Malaysian Malay Contractors Association believes bumiputera firms are up to the task.
Raja Petra's vitriolic attack on Irwan Serigar has tongues wagging.
MP SPEAKS | The seemingly ad-hoc decision-making will only scare off future investors.
The final winner will be selected by July 14, says Irwan Serigar Abdullah.
UPDATED 2.44PM | Reports saying otherwise are 'erroneous', adds the prime minister.
Company's share price became volatile following fluid situation with Bandar Malaysia.
Abdul Rahman Dahlan says the IWH-CREC consortium can still bid for the project, 'as long as the numbers are okay'.