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.
Datuk Chang Khim Wah, president & CEO of EcoWorld Malaysia: With the acquisition of the new land, we will be able to further grow our market share and cater to a wider range of industrial customers.
The supermarket at Eco Galleria in Taman Eko Botani, Iskandar Puteri covers an area of 35,000 sq ft.
RHB Research said the designation of Forest City, which is close to the Second Link, as a special financial zone should revitalise the township, which had received a lot of negative attention over the last few years.
Sunway through its wholly-owned unit Sunway City Sdn Bhd (SunCity) is buying over the stake from IASB, which is a wholly owned unit of Iskandar Investment Bhd — which is in turn 60% held by Khazanah Nasional Bhd — for RM770,450.
Senadi Hills 2A’s price starts from RM843,000 and is targeted for completion at the end of 2Q2025.
Apart from that, rentals for condominiums in Singapore grew 32% annually in the first quarter of 2023, while the government has also imposed a steeper stamp duty starting April.
Bursa has the right to proceed to suspend the trading of the listed securities of IWCity and to de-list the company if IWCity fails to submit the regularisation plan before Sept 24, fails to obtain approval from any of the regulatory authorities necessary for the implementation of its regularisation plan or fails to implement its regularisation plan within the time frame or extended time frame stipulated by any of the regulatory authorities.
“AME REIT would have remaining financing headroom of more than RM430 million to explore future acquisitions, be they from AME Elite or from third-party sources within and beyond Johor, to sustain our momentum.
The property developer posted a net profit of RM20.
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