ECRL expected to help create RM50 bil of GDP impact, says project owner
KUALA LUMPUR (May 4): The RM55 billion East Coast Rail Link (ECRL) is expected to help create RM50.
Trading in IWCity shares suspended until Friday
KUALA LUMPUR (May 4): Trading in the shares of Iskandar Waterfront City Bhd (IWCity), which succumbed to some selling pressure in the afternoon yesterday, has been suspended this morning until Friday, IWCity told Bursa Malaysia today.
Ekovest in free fall after Bandar Malaysia deal aborted
KUALA LUMPUR (May 4): Ekovest Bhd, a construction firm linked to Iskandar Waterfront Holdings Sdn Bhd (IWH) via Tan Sri Lim Kang Hoo, saw its share price open 42 sen or 29.
IWH CREC disputes TRX City’s claims over lapsed Bandar Malaysia stake sale deal
KUALA LUMPUR (May 3): IWH CREC Sdn Bhd, a 60:40 joint-venture between Iskandar Waterfront Holdings Sdn Bhd (IWH) and China Railway Engineering Corp (M) Sdn Bhd (CREC), has disputed claims by TRX City Sdn Bhd over the sale of a 60% equity interest in Bandar Malaysia Sdn Bhd.
Bandar Malaysia agreement with IWH CREC lapses, opens to new expressions of interest
KUALA LUMPUR (MAY 3): The master developer of Bandar Malaysia, TRX City Sdn Bhd, has today announced that the share sale agreement (SSA) with Iskandar Waterfront Holdings Sdn Bhd (IWH) and China Railway Engineering Corp (M) Sdn Bhd (CREC) – who on July 21, 2016 assigned its benefits and responsibilities to IWH CREC Sdn Bhd – regarding the sale of 60% of the issued and paid-up capital of Bandar Malaysia Sdn Bhd, has lapsed.
Johor-Singapore Rapid Transit System by 2022
JOHOR BAHRU (MAY 2): The Iskandar Regional Development Authority (IRDA) is in the final stages of discussions on the Johor-Singapore Rapid Transit System (RTS).
Population and business growth can ease oversupply in Iskandar Malaysia
JOHOR BAHRU (May 2): With the continuing efforts of the private and public sectors, Iskandar Malaysia in Johor is poised to usher in hefty population and business growth going forward.
Iskandar Malaysia’s best performing areas of 2016
The property market in Johor softened further in 2016 with 40,066 properties worth RM19.
Mapletree Logistics Trust announces 3% rise in 4Q DPU to 1.86 cents
SINGAPORE (April 27): The manager of Mapletree Logistics Trust (MLT) has declared a distribution per unit (DPU) of 1.
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