Iskandar Waterfront City poised for positive rebound, says RHB Retail Research
The research house said that if it manages to surpass that level, the bullish momentum is expected to propel the stock towards the 73.
The research house said that if it manages to surpass that level, the bullish momentum is expected to propel the stock towards the 73.
The essential items donated included two sets of uniforms, one school bag, a pair of shoes, socks and a sports attire voucher.
The disposal will result in UEM Sunrise no longer being the main driver of the development of the commercial zone of Medini, as its shareholding in NLSB will decline to 49% from 55%, while that of IHH will increase to 51% from 45%.
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.
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.