Malaysia's Iskandar Waterfront targets $1.2b IPO in first half of next year

Malaysia's Iskandar Waterfront targets $1.2b IPO in first half of next year

KL Tower in Kuala Lumpur, Malaysia.

Malaysian developer Iskandar Waterfront Holdings (IWH) is planning to list in the first half of 2021 to raise at least 5 billion ringgit ($1.2 billion) after getting the go-ahead to start work on a mega project, its executive vice chairman said.