Iskandar Waterfront targets RM5bil IPO


Executive vice-chairman Lim Kang Hoo (pic) said in an interview that infrastructure construction and earthworks are planned for early next year.

KUALA LUMPUR: Iskandar Waterfront Holdings Sdn Bhd (IWH) is planning to list in the first half of 2021 to raise at least RM5bil after getting the go-ahead to start work on a mega project, its executive vice-chairman said.

A RM1.24bil deposit and advance payment completed on Tuesday fulfilled its initial contractual obligations to the government to allow the group and its partner, China Railway Engineering Corp (CREC), to start work on Bandar Malaysia.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

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