IWC: Prospects for company remain positive


The investment bank said in a report that with the completion of the land parcels, the property developer will have a landbank of 6,800 acres, the bulk of which will be waterfront land facing Singapore, as well as the 500-acre Bandar Malaysia stake in Kuala Lumpur

PETALING JAYA: Property developer Iskandar Waterfront City Bhd (IWC) said that the prospects for the company remained positive despite the challenging economic backdrop.

The company said in a stock exchange filing following the AGM that all nine resolutions tabled at the meeting were passed by shareholders.

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