News about Iskandar Waterfront Holdings

On Wednesday, Lim proposed to undertake a reorganisation, rationalisation and merger proposal involving companies in which he is a major shareholder, namely Knusford, Ekovest, Iskandar Waterfront Holdings Sdn Bhd (IWH), and Iskandar Waterfront City Bhd (IWCity).

Lim, who is a major shareholder of Ekovest Bhd, Knusford Bhd, Iskandar Waterfront Holdings Sdn Bhd (IWH) and Iskandar Waterfront City Bhd (IWCity), said he has proposed to undertake a reorganisation, rationalisation and merger proposal involving these companies, for the consideration of the boards of directors.

KUALA LUMPUR (July 15): Iskandar Waterfront Holdings Sdn Bhd (IWH) and Catcha Group Sdn Bhd have inked a memorandum of  understanding to explore building Internet Cities and technology business hubs across Southeast Asia.

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 (April 26): IJM Corp Bhd has clarified that it has not received "any formal proposal or offer from any party expressing interest for a corporate merger” at this juncture.

KUALA LUMPUR (April 6): Ekovest Bhd is purchasing a total of 38.

KUALA LUMPUR (March 27): Plans to list Iskandar Waterfront Holdings Sdn Bhd (IWH) is now “scheduled for the second half of this year, instead of the first half as planned,” a source told The Edge Malaysia in a report this week.

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.

KUALA LUMPUR (Dec 16): River Retreat Sdn Bhd (RRSB), a company indirectly owned by Khazanah Nasional Bhd and Tan Sri Lim Kang Hoo's Iskandar Waterfront Holdings Sdn Bhd, is selling a piece of land in Iskandar Puteri, Johor, to Eco World Development Group Bhd (EcoWorld) for RM304.

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