Published: 1 July 2015 10:09 AM
Just hours ahead of Fitch Ratings’ announcement on its sovereign ratings review on Malaysia, 1Malaysia Development Bhd (1MDB) president Arul Kanda Kandasamy said he was “pleased to update that [1MDB] has received significant expressions of interest in [its Air Itam and Pulau Indah] land parcels”.
“Accordingly, 1MDB intends to appoint an independent real estate consultant to assist in reviewing the various proposals. A further announcement providing an update on the progress will be made within the next two weeks,” his June 30 statement headlined “monetisation of Air Itam and Pulau Indah land” read.
Otherwise, can anyone be blamed for thinking that the statement sounds all too similar to the one made by Lembaga Tabung Haji chairman Datuk Seri Abdul Azeez Abdul Rahim on the ready buyers available for the pilgrims’ fund’s controversial RM188.5 million purchase of the 0.63ha Signature Tower land in the Tun Razak Exchange (TRX)?
- See more at: http://www.themalaysianinsider.com/malaysia/article/the-edge-questions-1mdbs-claim-of-ready-buyers-for-air-itam-pulau-indah-lan#sthash.1isztYSM.dpuf