Bandar Malaysia is good to go
The Star
2020-09-16
Views 634
It’s all systems go for Bandar Malaysia with the settlement of a deposit for the mega-project by master developer IWH-CREC Sdn Bhd.
They settled RM1.24bil to project owner TRX City Sdn Bhd on Tuesday and the payment of the remaining 8% of the deposit, or RM592.8mil, and a RM500mil advance to TRX City Sdn Bhd for a 60% stake in the project has unlocked the next stage, which is the commencement of the project development.
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They settled RM1.24bil to project owner TRX City Sdn Bhd on Tuesday and the payment of the remaining 8% of the deposit, or RM592.8mil, and a RM500mil advance to TRX City Sdn Bhd for a 60% stake in the project has unlocked the next stage, which is the commencement of the project development.
Read more at https://bit.ly/3knvBJu
WATCH MORE: https://thestartv.com/c/news
SUBSCRIBE: https://cutt.ly/TheStar
LIKE: https://fb.com/TheStarOnline
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