Greenland eyes major role in RM4.4bil River of Life project


PETALING JAYA: Fresh from selling land worth RM600mil to China’s Greenland Group, Iskandar Waterfront Holdings Sdn Bhd’s (IWH) Tan Sri Lim Kang Hoo is believed to be eyeing another tie-up with Greenland – this time for the RM4.4bil River of Life (RoL) project in Kuala Lumpur.

People familiar with the matter told StarBiz that Greenland, one of China’s top five property developers by sales, was in talks with Lim for it to play a major role in RoL.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , rol

Next In Business News

Property segment set for solid expansion
BLand in proposed name change
Vestland terminates three jobs worth RM551mil
Uneven gains forecast from global chip upcycle
Strong year on the cards for consumer sector
Affin Bank set to shine on structural changes, digital platforms
BMW launches first locally assembled EV
Positive view on TM’s plan to lower staffing costs
REITs expected to outperform this year
SCIB shareholders approve rights issue at EGM

Others Also Read