'No flip-flop in termination of IWC-CREC's Bandar M'sia deal'
There was no flip-flop in the termination of the Iskandar Waterfront Holdings (IWH) and China Railway Engineering Corp (CREC) consortium's 60 percent stake in Bandar Malaysia, a minister said.
Minister in the Prime Minister's Department Abdul Rahman Dahlan said Johor-China consortium can also still bid to become the master developer of Bandar Malaysia.
"During his trip to Beijing, the PM (Najib Abdul Razak) has made it clear that the new consortium can include the previous consortium players. They can still participate, as long as the numbers are okay...