Iskandar Waterfront to raise $171m for IWC merger

John Loh

March 09, 2017 12:00 pm

malaysia_klcc_230px — No sunrise this morning as it was pretty cloudy on the horizon but this picture taken during blue hour was sufficient enough. Worth it to walk from Medan Tuanku to LRT Kg Baru to come here early in the morning :) | mohdnadlyaizat - Fotolia

Malaysia-listed Iskandar Waterfront Holdings (IWH) is merging with sister firm Iskandar Waterfront City (IWC) in a MR761.8m ($170.8m) transaction to be funded by debt and equity.

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Topics

CIMB Group Equity Asia Follow-ons and Rights Issues Asia Southeast Asia Asean Asia Pacific Malaysia Follow-ons and Rights issues Emerging Markets Maybank

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John Loh