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.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
TRX City , Bandar Malaysia , IWH CREC Sdn BHD

Next In Business News
Weak undertones on Bursa as Fed decision looms
Ringgit slips vs US$, rises against majors on Fed cut expectations
Fed chair front-runner Hassett says 'plenty of room' to cut rates
Trading ideas: TNB, Zetrix AI, Matrix, Southern Score, DKSH, Perak Transit, FBG, AWC, TechStore, Jentayu, PJBumi, One Gasmaster
S&P 500 ends down as investors await Fed rate decision
FBG wins RM206mil building job
DKSH to take DHMB private for RM6.15 per share
Hong Kong banks call for IPOs to maintain key standards
Matrix Concepts disposes of land for RM25mil
France�drawing up plans to shield food output

Trending in Business

Others Also Read

Load more

Copyright © 1995- Star Media Group Berhad [197101000523 (10894-D)]

Best viewed on Chrome browsers.