Malaysia’s Iskandar Waterfront Holdings to plan back-door listing

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

Iskandar Waterfront Holdings Sdn Bhd, controlled by Malaysian property tycoon Lim Kang Hoo, has offered to buy Iskandar Waterfront City Berhad (IWC) in a “back door” listing of one of the country’s biggest property firms.

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