Bandar Malaysia agreement with IWH CREC lapses

KUALA LUMPUR: TRX City Sdn Bhd – which is under the Ministry of Finance (MoF) – announced on Wednesday that the Bandar Malaysia development agreement with the consortium of Iskandar Waterfront Holdings Sdn Bhd (IWH) and China Railway Engineering Corp (M) Sdn Bhd (CREC) has lapsed.

Read IWH CREC takes termination of Bandar Malaysia agreement ‘very seriously’

Below is the full statement: 

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