Iris upbeat on Oceania foray


Iris Corp Bhd group managing director Datuk Tan Say Jim

KUALA LUMPUR: Iris Corp Bhd’s property development foray into Solomon Islands is estimated to generate a potential gross development value of RM1bil and see its “Smart Village” template being replicated overseas.

Group managing director Datuk Tan Say Jim told StarBiz the venture materialised when the group chanced upon a Sarawakian partner who owned land in Soloman Islands. Iris will provide its IRIS-KOTO industrialised building system (IBS) for the development, which Tan claimed allowed for the construction of a double-storey bungalow in four weeks.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , Iris Corp , property

   

Next In Business News

Eupe acquires land in KL for RM69mil
Property transactions in 1Q24 up 34.3% to RM56.53bil
BAuto’s future earnings expected to remain solid
Hume Cement net profit jumps to RM61.06mil in 3Q
Growth of 4% forecast for first quarter of 2024
Axiata, Sinar Mas sign MoU to explore merger
VSTECS to focus on data centres
Ewein to buy rackform firm for RM32mil
Glove stocks surge in active trading
EcoWorld Malaysia growth trajectory intact

Others Also Read