Iskandar Waterfront City Berhad, an investment holding company, engages in property development and construction activities in Malaysia. The company develops residential and commercial properties. It is also involved in the construction of infrastructure and buildings; and property investment and management activities. The company was formerly known as Tebrau Teguh Berhad and changed its name to Iskandar Waterfront City Berhad in June 2014. The company is based in Johor Bahru, Malaysia. Iskandar Waterfront City Berhad is a subsidiary of Iskandar Waterfront Holdings Sdn. Bhd.
G08, Block 8
Johor Bahru, 80200
Iskandar Waterfront City Berhad Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015
Aug 27 15
Iskandar Waterfront City Berhad announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported revenue of MYR 4,537,000 against MYR 63,204,000 a year ago. Loss from operations was MYR 3,084,000 against profit of MYR 2,018,000 a year ago. Loss before tax was MYR 3,587,000 against profit of MYR 1,691,000 a year ago. Loss and total comprehensive income attributable to owners of the parent was MYR 3,870,000 or 0.58 sen per diluted share against MYR 477,000 or 0.07 sen per diluted share a year ago.
For the six months, the company reported revenue of MYR 26,863,000 against MYR 99,408,000 a year ago. Loss from operations was MYR 4,805,000 against profit of MYR 3,160,000 a year ago. Loss before tax was MYR 5,768,000 against profit of MYR 2,611,000 a year ago. Loss and total comprehensive loss attributable to owners of the parent was MYR 3,612,000 or 0.54 sen per diluted share against MYR 1,509,000 or 0.23 sen per diluted share a year ago. Net cash used in operating activities was MYR 89,009,000 against MYR 1,624,000 a year ago. Purchase of property, plant and equipment was MYR 822,000 against MYR 145,000 a year ago.
Iskandar Waterfront City Berhad, Special/Extraordinary Shareholders Meeting, Aug 27, 2015
Aug 11 15
Iskandar Waterfront City Berhad, Special/Extraordinary Shareholders Meeting, Aug 27, 2015., at 09:00 Singapore Standard Time. Location: Danga Bay Convention Centre,. Agenda: To acquire the Sutera Land from BWSB for a purchase consideration of RMB 155,936,337.58 pursuant to the terms of the conditional sale and purchase agreement with BWSB dated 22 April 2015.
Iskandar Waterfront City Berhad Announces Executive Changes
Jul 8 15
Iskandar Waterfront City Berhad appointed Lim Chen Herng as alternate executive director, effective July 8, 2015. At present, he is the Group Executive Director of Iskandar Waterfront Holdings Sdn Bhd where he oversees the business development and investment from the Group. Besides, he is also sitting on the Board of Knusford Berhad and acting as an alternate director in Ekovest Berhad. Mr. Lim Chen Herng is appointed as Alternate Director to Tan Sri Dato' Lim Kang Hoo.