Bandar Malaysia a boost for IWH listing

Working together: Lim (left) and Cai. A joint venture between IWH and China-based China Railway Engineering Corp (CREC) will own 60 of Bandar Malaysia.

Consortium to develop one-third of the land in first phase through tie-ups to realise investments

ISKANDAR Waterfront Holdings Bhd (IWH) securing a 60% stake in the 486-acre Bandar Malaysia project will put the Johor-based developer on stronger footing for a listing this year.