Posted Mar 26, 2026, 2:54 PM
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Moderator
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Join Date: Jan 2009
Location: Austin, TX / Portland,OR / Chicago, IL
Posts: 14,505
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The project is on hold.
Prominent developers bidding for distressed billion-dollar 8 Conlay project, sources say
Quote:
SEVERAL local property developers have submitted bids for KSK Group’s stalled 8 Conlay project in Kuala Lumpur, sources tell The Edge, even as receivers move ahead with the sale of the half completed RM5.4 billion development after years of legal disputes and financial deadlock.
At least four developers — TS Law Land Holdings, Mah Sing Group Bhd (KL:MAHSING), EXSIM Group, and either Pavilion Group or Malton Bhd (KL:MALTON) — are understood to have participated in the tender conducted by receivers and managers Adam Primus & Co, although the final number of bidders could be higher, multiple sources say.
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