You are here

Iskandar Waterfront City rises 7.3% as major owner opts for merger

Iskandar Waterfront Holdings decides against direct listing on Bursa
Friday, March 10, 2017 - 05:50

Mr Lim, who controls both IWC and IWH, says investors need to think long term and to hold on to the shares for better returns.

Kuala Lumpur

SHARES of Iskandar Waterfront City Bhd (IWC) jumped 7.3 per cent to RM1.76 on Thursday after its major shareholder Iskandar Waterfront Holdings Bhd (IWH), which owns valuable land bank in Bandar Malaysia and Iskandar Malaysia, decided to eschew a direct listing on Bursa

Market voices on:

Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at

Powered by GET.comGetCom