by Ganesh Sahathevan
As reported in December 2017:TH Prop plans Phase 3 of 'One The Waterfront' Aussie project
In May 2017:
However, we now know, nothing happened. Instead, after the change in government:
One would have though that Government owned Tabung Haji would have found it easier and cheaper to finance another Government linked project, the 1MDB owned TRX, rather than large projects in Australia. Australian financial and property development regulations are more stringent than Malaysia's and of course Tabung Haji does not in Australia have anything near the power and influence it enjoys in Malaysia.