State-owned China General Nuclear Power Corp bought 1MDB’s power assets for US$2.3 billion, while the Malaysian fund sold a 60 per cent stake in a property project in Kuala Lumpur to China Railway Engineering Corp and a local partner. The real estate project will host terminals for a planned high speed rail connecting Kuala Lumpur to Singapore, which Chinese companies have expressed interest in building.
http://www.straitstimes.com/asia/se-asia/malaysia-awards-new-east-coast-rail-link-project-to-china-company
http://www.straitstimes.com/asia/se-asia/malaysia-awards-new-east-coast-rail-link-project-to-china-company
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