Sime Darby Bhd and SP Setia Bhd have formed a consortium in an effort to outbid other companies vying for London's Battersea Power Station, the largest brick building in Europe.
"The consortium is positive that its plan for a mixed-sustainable development will be well received," said Sime Darby.
Located on the south bank of River Thames, the derelict 38-acre site was put up for sale in February following failure of its owners to pay off its £500 million (RM2.47billion) debt.
An unnamed source revealed that out of the 10 bids made for the site, one came from Russian billionaire Roman Abramovich - owner of the Chelsea Football Club.
Presently, SP Setia is one of the three remaining bidders for the landmark site, said Tan Sri Liew Kee Sin, Chief Executive Officer of SP Setia.
The Battersea Power Station, which was featured on the front-cover of the 1977 Pink Floyd album Animals, is around 3.5km from the Houses of Parliament and has been empty for nearly 30 years.
Although the Employees Provident Fund (EPF) has been approached to provide financing for the bid, it has not made any commitment, said Nik Affendi Jaafar, General Manager for Public Relations at EPF.
SP Setia also offered to buy the debt associated with the Battersea Power Station in November for £262 million (RM1.285 billion) but was rejected.
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