Iskandar Regional Development Authority (IRDA) highlighted new areas of interest in the economic region of Iskandar Malaysia, Johor, namely modern farming and emerging technologies, in a bid to stay nimble and to cater to the current consumer patterns amid the Covid-19 pandemic.
Citadines Medini Nusajaya will strengthen Ascott’s position as the largest international serviced residence operator in Malaysia. | eTurboNews | Trends | Travel News
KUALA LUMPUR (July 15): Ekovest Bhd said today it will not proceed with its heads of agreement (HOA) with Iskandar Waterfront Holdings Sdn Bhd (IWH) to buy into the Bandar Malaysia project, following the lapse of Putrajaya s RM7.4 billion sale of 60% in the project to a joint venture of IWH.
On Wednesday, it was announced that IWH-CREC Sdn Bhd s proposed acquisition of 60% in Bandar Malaysia from the Ministry of Finance s TRX City Sdn Bhd (TRXC) for RM7.4 billion lapsed in May as the parties involved did not meet the conditions precedent for the deal.
IWH-CREC is a 50:50 joint venture between IWH and China Railway Engineering Corp (M) Sdn Bhd.