Malaysia's Iskandar Waterfront plans to raise $1.13b to develop land bank: Report

Malaysia's Iskandar Waterfront plans to raise $1.13b to develop land bank: Report

Malaysia's Southern Economic Corridor, Iskandar Malaysia, in the Johor state.

Iskandar Waterfront City Bhd is planning to raise $1.13 billion (MYR 5 billion) via convertible bonds to develop the real estate that it is acquiring in addition to its existing plan of secondary listing in Hong Kong or China.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter