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Improved market may have played a part in scuppering of deal

Delays by proposed buyer in submitting bank guarantee for deferred payment led Malaysian government to walk away from deal

Mr Lim (above) said his lawyers were "running through" the deal termination letter.

(Above) Model of Bandar Malaysia, which will host the terminals for a planned high-speed rail line connecting Kuala Lumpur and Singapore.


MALAYSIAN top officials were all set to don a white workshirt with the Bandar Malaysia logo to attend a ceremony on Wednesday to update Prime Minister Najib Razak on the country's biggest real estate project at a choice site in Kuala Lumpur - then the shocking news came the very...

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