News about IWH

KUALA LUMPUR (Dec 16): Iskandar Waterfront City Bhd (IWCity) and Ekovest Bhd are back on the radar as their common shareholder Tan Sri Lim Kang Ho is expected to kickstart the Bandar Malaysia project (pictured) via joint venture IWH-CREC Sdn Bhd.

KUALA LUMPUR (Dec 14): The Bandar Malaysia project, which is to redevelop the former air-force base in Sungai Besi, is expected to kickstart in the New Year — a few weeks from now.

KUALA LUMPUR (Dec 3): Iskandar Waterfront Holdings Sdn Bhd (IWH) is considering an initial public offering as early as next year, Bloomberg reported today.

KUALA LUMPUR (April 19): The Prime Minister's Office (PMO) says today the government has decided to reinstate the Bandar Malaysia project that was abruptly terminated in May 2017, because the project will have a significant impact on Malaysia's economy.

\KUALA LUMPUR (July 23): Iskandar Waterfront City Bhd (IWCity) fell 6.

KUALA LUMPUR (July 21): Iskandar Waterfront City Bhd (IWCity) announced that its parent firm, Iskandar Waterfront Holdings Sdn Bhd (IWH), has not submitted a fresh bid for projects related to the development of Bandar Malaysia, which was earlier touted to be worth RM160 billion in gross development value.

KUALA LUMPUR (July 19): Iskandar Waterfront City Bhd (IWCity) shares surged as much as 28.

KUALA LUMPUR (Nov 29): Ekovest Bhd's takeover bid of Iskandar Waterfront City Bhd (IWCity) has received the green light from Iskandar Waterfront Holdings Sdn Bhd (IWH), which owns a 38.

KUALA LUMPUR (Nov 2): Shares of Ekovest Bhd rebounded today on bargain hunting after a sharp fall yesterday, rising as much as 6.

KUALA LUMPUR (Nov 2): Shares in Ekovest Bhd tumbled as much as 22% yesterday, as investors reacted negatively to news that its executive chairman and major shareholder Tan Sri Lim Kang Hoo intends for it to acquire a 62% stake in Iskandar Waterfront City Bhd (IWCity).