Lim Kang Hoo-linked shares slip as Bandar Malaysia deal lapses

KUALA LUMPUR (July 15): Share prices of Iskandar Waterfront City Bhd (IWCity) and Ekovest Bhd, both of which are linked to businessman Tan Sri Lim Kang Hoo (pictured), fell in Bursa Malaysia morning trade today after IWCity’s major shareholder Iskandar Waterfront Holdings Sdn Bhd (IWH) said yesterday the share sale agreement for the planned acquisition of a 60% stake in Bandar Malaysia Sdn Bhd by IWH’s joint venture (JV) had lapsed on May 6, 2021.

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I’ll have a garden, on the rocks!

Have you ever been drawn to a Chinese brush painting of majestic mountains, rocks and riv­ers? Somehow, if you allow yourself to drink it in, the ethereal landscape has the power to transport you to a place of soothing serenity, giving you a respite from your quotidian world.

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