The Week That Was - IWH Bandar Malaysia, AirAsia, Petronas

Equity project: AirAsia planes line the tarmac at klia2. The firm is looking to raise between RM2bil and RM2.5bil in new equity and debts this year.

IWH Bandar Malaysia deal terminated

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 the project to redevelop the current Sungai Besi air base, known as Bandar Malaysia.