“Since the project involves both nations’ economic and trading interests, we believe China and Malaysia will resolve the issue in a friendly manner," said its overseas executive vice-president Li Qingwei.
The accused pleaded guilty to three counts of cheating the victim at the magistrate’s court.
The letter will amend the original agreement between both countries which did not have provisions to postpone the project.
Residents say they had not been informed that the status of the land had been changed to allow commercial development.
Passengers who are affected may choose to reroute their travel to Narita International Airport, postpone their travels or request for a full refund.
Going forward, the management has no immediate plan for a new development despite having vast land bank. However, the management has noted that assets like hotel and land bank are available for sale at the right price.
'They can buy the property, but we would not give them visas to come and live here.'
'Taman Rimba Kiara is being discussed and decided on because things have progressed to a certain level where we cannot just block it like that as there are legal and financial implications.'
“I’ve already submitted the names to Tun Mahathir for his final verification. I hope to be able to confirm by the middle of the month.”
“Where is it that we’ve seen glittering archipelagos like Malaysia’s Forest City and Melaka Gateway developments before?”
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