It is unconventional for the Finance Ministry to return the RM741 million deposit paid for the Bandar Malaysia land, if it insists that the payment deal was breached, said Petaling Jaya Utara MP Tony Pua.
Project owner TRX City Sdn Bhd said it cancelled the contract with the Iskandar Waterfront Holdings-China Railway Engineering Corporation (IWH-CREC) consortium because it did not meet the payment obligations.
Project owner TRX City Sdn Bhd said it cancelled the contract with the Iskandar Waterfront Holdings-China Railway Engineering Corporation (IWH-CREC) consortium because it did not meet the payment obligations.
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