The Malaysian government awarded the KL-SG HSR to 3 consortiums which have limited knowledge and experience in building the HSR and excluded China from the HSR project bidding. This exclusion angered China and China withdrew from the Bandar Malaysia deal.
I believe China will be able to win the HSR main construction deal because Malaysia has repented and learnt from its mistake. Malaysia government has also signed some deals during the one-belt-one-road summit and made some promises to the China government too.
Let's see how this will pan out.
http://www.scmp.com/news/hong-kong/economy/article/2094370/hong-kongs-mtr-corp-plans-joint-bid-mainland-rail-giant-build
http://sg-stock.blogspot.sg/2017/05/malaysia-is-first-to-regret-for.html
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