PETALING JAYA: Iskandar Waterfront City Bhd
(IWC) has entered into a legally binding term sheet with WB Southern Sdn Bhd for the disposal of a piece of leasehold vacant land measuring 16.426 acres in Johor Baru, Johor for RM71.55mil.
In a filing with Bursa Malaysia, the property developer said the land is held on a leasehold basis, with the lease set to expire in 2097.
