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Finance

Dalian Wanda may bid on big Malaysia project

Deal for 2 sq. km site near Kuala Lumpur could be signed next week

DALIAN, China/KUALA LUMPUR -- Property developer Dalian Wanda Group may enter a bid to develop the township of Bandar Malaysia now that a deal with another Chinese company appears to have fallen through.

"Please stay tuned," a company spokesperson replied when asked about a report that Wanda is negotiating with the Malaysian government to replace a China Railway-led consortium as the master developer.

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