IWC-IWH merger deal stirs strong market interest
KUALA LUMPUR (March 10): Iskandar Waterfront City Bhd (IWC) shares, which resumed trading yesterday following the announcement that it is merging with its parent Iskandar Waterfront Holdings Bhd (IWH), climbed as much as 10.
Country Garden closes all China sales centres
KUALA LUMPUR (March 10): Hong Kong-listed Country Garden Holdings Co Ltd has closed all sales centres in China for its Forest City housing project in Johor, according to a South China Morning Post report yesterday.
Bandar Malaysia land included in merger exercise, says IWH
KUALA LUMPUR (March 9): Iskandar Waterfront Holdings Sdn Bhd (IWH) says its Bandar Malaysia land is also included in the corporate exercise announced yesterday which involves the group merging with Iskandar Waterfront City Bhd (IWC).
UMLand J-Biotech Park to attract foreign investors to Johor Halal Park
PETALING JAYA (March 9): UMLand J-Biotech Park Sdn Bhd (UJP), a joint venture between United Malayan Land Bhd (UMLand) and the Johor state government, signed a memorandum of understanding (MoU) with The Cosmetic & Perfumery Association of Hong Kong Ltd and Persatuan Anggun Menawan Malaysia to bring in potential investors from Hong Kong, Macau and China to Johor Halal Park (JHP) in Pasir Gudang, Johor.
‘Sultan of Johor and Lim to sell land to merged IWH’
KUALA LUMPUR (March 9): Iskandar Waterfront City Bhd (IWC) announced a proposed merger with its major shareholder Iskandar Waterfront Holdings Bhd (IWH) through a one-for-one share swap exercise in which IWH would take over the listing status upon completion.
Initial launches of MB World’s maiden township in Kota Tinggi well-received
PETALING JAYA (March 8): MB World Group Bhd’s (MBWG) maiden township development, Taman Sri Penawar in Bandar Penawar, Kota Tinggi in Johor, will be officially launched this Saturday (March 11).
LBS Bina, YPJ Plantations to develop RM2.6b township in Johor
KUALA LUMPUR (March 8): LBS Bina Group Bhd has teamed up with YPJ Plantations Sdn Bhd to jointly develop a mixed township in Kota Tinggi, Johor, with an estimated gross development value (GDV) of RM2.
EcoWorld offers one-stop industrial, property services to Eco Business Park 1 owners
PETALING JAYA (March 7): Eco World Group Development Bhd (EcoWorld) is providing one-stop industrial and property services to the owners of the second phase of Eco Business Park 1 (EBP 1) in Johor to help them set up their businesses there.
