KUALA LUMPUR (July 15): Ekovest Bhd said today it will not proceed with its heads of agreement (HOA) with Iskandar Waterfront Holdings Sdn Bhd (IWH) to buy into the Bandar Malaysia project, following the lapse of Putrajaya's RM7.
KUALA LUMPUR (JULY 14): The plan to revive Bandar Malaysia (pictured) has been discontinued as the Restated and Amended Share Sale Agreement (RASSA) for the acquisition of 60% shares in Bandar Malaysia Sdn Bhd (BMSB) has lapsed on May 6, 2021.
KUALA LUMPUR (June 4): Ekovest Bhd has again aborted plans to purchase the 96.
KUALA LUMPUR (April 24): Iskandar Waterfront Holdings Sdn Bhd (IWH) “is said to be interested in a merger with IJM Corp Bhd,” The Edge Malaysia reported this week.
KUALA LUMPUR (April 6): Ekovest Bhd is purchasing a total of 38.
KUALA LUMPUR (March 23): Ekovest Bhd said its proposed acquisition of 96.
KUALA LUMPUR (Oct 22): Ekovest Bhd has secured more time to consider a proposal to acquire a 40% stake in IWH-CREC Sdn Bhd, the main player in the Bandar Malaysia development.