KUALA LUMPUR: The National Property Information Centre (Napic) needs to relook how it categorises public data and information because its current trea.
As cash-strapped developer Country Garden battles to stave off default, its sprawling $100 billion development in Malaysia has come under scrutiny from creditors even as the Southeast Asian nation.
Seeing is believing : Country Garden s Malaysia project in spotlight reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
By Xinghui Kok and A. Ananthalakshmi KUALA LUMPUR/ISKANDAR PUTERI, Malaysia (Reuters) - As cash-strapped developer Country Garden battles to stave off.
As cash-strapped developer Country Garden battles to stave off default, its sprawling $100 billion development in Malaysia has come under scrutiny from creditors even as the Southeast Asian nation dangles financial incentives to lure investments. Billed as a paradise with turtles and white-sand beaches, Country Garden's Forest City development in the state of Johor next to Singapore aims to house 700,000 people across 7,000 acres on four reclaimed islands upon completion in 2035. Seven years in, Country Garden has invested 20 billion ringgit ($4.3 billion) in the project, Forest City said, a far cry from the initial $100 billion plan.