Sunway City Iskandar Puteri is Malaysia's first green township to achieve MARC Gold grading
Partnership with Alliance Bank pioneers sustainable financing model for township development.
Partnership with Alliance Bank pioneers sustainable financing model for township development.
The development’s Phases 2 and 3 are under construction, and will feature multi-storey logistics facilities to meet rising demand.
No details were disclosed on why the RM450 million deal was not concluded within the stipulated timeline.
Bursa Malaysia Securities granted the extension after IWCity sought more time to finalise the regularisation plan from the original deadline of March 24.
The Johor-based property developer recorded a net profit of RM536.
In a bourse filing, the property developer said it had entered into a conditional settlement agreement with Rampai Fokus Sdn Bhd (RFSB) — an indirect wholly-owned unit of its major shareholder, Iskandar Waterfront Holding Sdn Bhd — to convert the amount it owed to RFSB into IWCity shares.
Through Medini Innopolis, IIB is positioning Medini as a future-ready city that integrates innovation, sustainability, and economic prosperity.
The MOU covers UEM Sunrise’s select plots of land in Gerbang Nusajaya and Puteri Harbour within Iskandar Puteri, they said.
IIB president and chief executive officer Datuk Idzham Mohd Hashim said strategic investments, infrastructure enhancement, and sustainability are at the core of this initiative.