Malaysia: No Wanda for Bandar? What are the Malaysia B&R projects?

After the non-signing by Dalian Wanda in a replacement consortia fro Bandar Malaysia, post B&R Summit news is renewal potential for the booted consortia. IWH (& Johor Sultan) CREC consortia can submit bids in a fresh (more pricey) tender for Bandar Malaysia. Under the old agreement, the site valuation was RM12.35/$2.86 billion. Back then, 1MDB was paring RM40/$9.3 billion of debts. The Prime Minister's Department says a RM1.72/$0.40 billion Johor oil terminal contract awarded to CREC was not a form of compensation for the Bandar Malaysia loss. (Previous Bandar Malaysia rival bidder) Desmond Lim's Malton continues to surge.

source: The Edge Financial Daily, 17 May 2017

It would also be good to get the full list of B&R projects for Malaysia. In 'Three One Belt One Road Initiative Signed In Beijing - From Datuk Mokhtar Hussain' 13 May 2017 (Bernama): Among the major projects under the initiative is the Malaysia China Kuantan Industrial Park in Pahang, Melaka Gateway, East Coast Rail Link and Xiamen University Malaysia. We would look to see Bandar Malaysia, Digital Free Trade Zone and others in this too?



$/RM or USD/MYR from Bloomberg.com

Wanda is among five Chinese private companies to be targeted by regulators amid a crackdown on overseas acquisitions. Read more at https://www.scmp.com/business/companies/article/2104005/wanda-scraps-bid-develop-bandar-malaysia-rail-project#8aVPCM17uBGtOcrW.99

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China places Wanda under unprecedented scrutiny, closes off most loan options Xie YuXie Yu UPDATED : Monday, 17 Jul 2017, 2:58PM -- China’s bank regulator has instructed the country’s largest state-owned lenders to put six of magnate Wang Jianlin’s overseas acquisition projects under an unprecedented level of scrutiny, because they have touched a red line concerning foreign investments, according to several sources familiar with the matter. https://m.scmp.com/business/companies/article/2102933/china-places-wanda-under-unprecedented-scrutiny-closes-most-loan

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