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Pure Iskandar developer on its way to list on SGX

Its reverse takeover of E2 Capital is set to complete in Q2; first mixed-use project to finish by 2020

Published Thu, Feb 26, 2015 · 09:50 PM
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Singapore

ASTAKA Padu, a pure Iskandar developer that is making its way to the Singapore Exchange (SGX) through a backdoor listing, aims to complete its first mixed-use project by 2020.

It may start acquiring commercial, residential and industrial plots through government tenders in the Iskandar region of Malaysia, where it hopes to entrench its presence.

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