‘Financing in place for IWH CREC’s Bandar Malaysia buy’
KUALA LUMPUR (May 5): Financing was already in place for IWH CREC Sdn Bhd’s plan to acquire a 60% interest in the Bandar Malaysia project for RM7.
KUALA LUMPUR (May 5): Financing was already in place for IWH CREC Sdn Bhd’s plan to acquire a 60% interest in the Bandar Malaysia project for RM7.
KUALA LUMPUR (May 4): Ekovest Bhd, which saw its share price plunge as much as 29.
KUALA LUMPUR (May 4): Trading in the shares of Iskandar Waterfront City Bhd (IWCity), which succumbed to some selling pressure in the afternoon yesterday, has been suspended this morning until Friday, IWCity told Bursa Malaysia today.
KUALA LUMPUR (May 4): Ekovest Bhd, a construction firm linked to Iskandar Waterfront Holdings Sdn Bhd (IWH) via Tan Sri Lim Kang Hoo, saw its share price open 42 sen or 29.
KUALA LUMPUR (May 3): IWH CREC Sdn Bhd, a 60:40 joint-venture between Iskandar Waterfront Holdings Sdn Bhd (IWH) and China Railway Engineering Corp (M) Sdn Bhd (CREC), has disputed claims by TRX City Sdn Bhd over the sale of a 60% equity interest in Bandar Malaysia Sdn Bhd.
KUALA LUMPUR (MAY 3): The master developer of Bandar Malaysia, TRX City Sdn Bhd, has today announced that the share sale agreement (SSA) with Iskandar Waterfront Holdings Sdn Bhd (IWH) and China Railway Engineering Corp (M) Sdn Bhd (CREC) – who on July 21, 2016 assigned its benefits and responsibilities to IWH CREC Sdn Bhd – regarding the sale of 60% of the issued and paid-up capital of Bandar Malaysia Sdn Bhd, has lapsed.
KUALA LUMPUR (March 10): Iskandar Waterfront City Bhd (IWC) shares, which resumed trading yesterday following the announcement that it is merging with its parent Iskandar Waterfront Holdings Bhd (IWH), climbed as much as 10.
KUALA LUMPUR (March 9): Iskandar Waterfront Holdings Sdn Bhd (IWH) says its Bandar Malaysia land is also included in the corporate exercise announced yesterday which involves the group merging with Iskandar Waterfront City Bhd (IWC).
KUALA LUMPUR (March 7): Tan Sri Lim Kang Hoo, the property tycoon who has been in the news since he bought into 1Malaysia Development Bhd’s Bandar Malaysia project, is said to have shelved plans to list his flagship Iskandar Waterfront Holdings Sdn Bhd (IWH).
While there was a sharp drop in the volume of transactions across all subsectors in the property market last year, average prices per unit are still increasing 5%, says CBRE | WTW managing director Foo Gee Jen in presenting the Malaysia series of the property consultancy firm’s Asia-Pacific Real Estate Market Outlook for 2017.