GEORGE TOWN: Two Penang-based companies have been short-listed from a competitive tender exercise to buy over the development of a 94.7ha land in Air Itam from 1Malaysia Development Bhd (1MDB).
Sources said that the two short-listed companies from the tender exercise were a joint venture between the Ideal Property and BSG groups, and a company related to Goh Choon Lye, a well-known developer in the state.
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