IOI mulls plans for two office towers on Central Boulevard

Kuala Lumpur

MALAYSIAN property developer IOI Properties is considering the construction of two office towers at its prime Central Boulevard site in Singapore.

The two blocks would sit on a five-storey podium, and house public, retail and childcare amenities, and car and bicycle parking, said IOI in a prospectus to shareholders in relation to its rights issue of up to 1.11 billion new shares.