Deal #311

Location #1

Spatial accuracy level
Exact location
Location
Sungai Besi, 43000 Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia

Latitude
3.0577482
Longitude
101.72391059999995
Target country
Malaysia

Land area

Size under contract (leased or purchased area, in ha)
[2011] 200

Intention of investment

Intention of investment
Other (please specify)
Comment on intention of investment
Development of a commercial and residential township. Terminus for high-speed railway between Malaysia and Singapore

Nature of the deal

Nature of the deal
Outright Purchase

Negotiation status

Negotiation status
[2010] Intended (Under negotiation)
[2011] Concluded (Contract signed)

Implementation status

Implementation status
[2014] Startup phase (no production)

Purchase price

Purchase price
1600000000
Purchase price currency
Malaysian Ringgit (RM)
Purchase price area type
for specified area
Purchase price area
200
Comment on purchase price
The 60% of the deal was sold to Iskandar Waterfront Holdings (IWH) and China Railway Engineering Corp (CREC) for RM 7.41 billion

Contract #1

Contract date
2011-06-15

Operating company

Name of investment project
Bandar Malaysia
Comment on investment chain
The 60% of the deal was sold to Iskandar Waterfront Holdings (IWH) and China Railway Engineering Corp (CREC) for RM 7.41 billion

 

Network of parent companies and tertiary investors/lenders. Please right-click the nodes to get more details.

Legend
  • Is parent company of
  • Is tertiary investor/lender of
  • Left-click to reveal related parent companies and tertiary investors/lenders.
  • Right-click on investors to get more information.
  • Left-click to hide related parent companies and tertiary investors/lenders.

Data source #1

Data source type
Government sources
File

Data source #2

Data source type
Media report
File
Date
2013-04-04

Data source #3

Data source type
Media report
File
Date
2010-05-19

Data source #4

Data source type
Media report
File
Date
2011-06-15

Data source #5

Data source type
Media report
File
Date
2012-06-30

Data source #6

Data source type
Company sources
File

Data source #7

Data source type
Media report
File
Date
2014-10-23

Data source #8

Data source type
Media report
File
Date
2016-01-05

Data source #9

Data source type
Media report
File
Date
2016-03-16
Comment on data source
Transcript of the radio interview with Arul Kanda, President and Group Executive Director of 1Malaysia Development Berhad

Data source #10

Data source type
Media report
Publication title
The bizarre story of 1MDB, the Goldman Sachs-backed Malaysian fund that turned into one of the biggest scandals in financial history
Date
2018-05

Data source #11

Data source type
Media report
Publication title
Explainer: Malaysia's mega 1MDB scandal that has scalded Goldman Sachs
Date
2019-12-09

Former land owner (not by constitution)

Former land owner
State

Former land use

Former land use
Other
Comment on former land use
aiport

Former land cover

Former land cover
Other land (e.g. developed land – specify in comment field)
Comment on former land cover
airport

Overall comment

Overall comment
The company is now facing the biggest issue regarding buying privately owned power plants and planning a financial district in Malaysia's capital Kuala Lumpur.

July 28, 2020, 4:51 a.m.

overwritten

This version

Compare with previous version

June 1, 2018, 1:27 p.m.

overwritten

Show this version

Compare with previous version

Nov. 3, 2016, 8:06 a.m.

overwritten

Show this version

Compare with previous version

April 13, 2015, 4:21 p.m.

overwritten

Show this version

Compare with previous version

March 13, 2014, 4:44 p.m.

overwritten

Show this version

Compare with previous version

March 13, 2014, 4:39 p.m.

overwritten

Show this version

Compare with previous version

May 13, 2013, 1:29 a.m.

overwritten

Show this version

Compare with previous version

Feb. 15, 2013, 4:59 p.m.

active

Show this version

First version

There are no comments to this deal yet.

Add a comment

(mandatory)
(mandatory)
(mandatory)

I've read and agree to the Data Policy.