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.
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).
‘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.
Lafarge Malaysia’s Construction Development Lab receives ISO/IEC accreditation
PETALING JAYA (March 8): Lafarge Malaysia Bhd’s Construction Development Lab (CDL) has received the ISO/IEC 17025 accreditation, an international standard that ensures the quality and accuracy of laboratory equipment calibration and sampling analysis.
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.
IWH to merge with IWC — sources
KUALA LUMPUR (March 7): Tan Sri Lim Kang Hoo, the property tycoon who has been in the news since he bought into 1Malaysia Development Bhd’s Bandar Malaysia project, is said to have shelved plans to list his flagship Iskandar Waterfront Holdings Sdn Bhd (IWH).
Tight lending environment could continue until 2019
SETIA ALAM (March 4): Banks are not expected to loosen their lending policy in the next three years although the country's loan approval rate in 2016 was at a historical low, said Smart Financing CEO Gary Chua.
Strata properties offer good returns, says Exastrata Solutions
SETIA ALAM (March 4): Stratified property is a good option for investment but investors should do their homework and be a responsible owner if they want to ensure investment returns, said Exastrata Solutions Sdn Bhd chief real estate consultant Adzman Shah Mohd Ariffin.
Target the consumers, not the digital start-ups, real estate agents told
SETIA ALAM (March 4): Property agents should not worry too much about being ousted by property portals and should work with them instead to leverage these portals’ traffic, said Celcom Planet Sdn Bhd (11street.
