|
Iskandar Investment Berhad
Iskandar Investment Berhad ('' Malay'': Syarikat Permodalan Iskandar), or IIB, is a corporate entity providing investment capital to the development corridor of Iskandar Malaysia, in South Johor at the tip of the Malay Peninsula. It was formed on 2 November 2006 as South Johor Investment Corporation Berhad. IIB focuses on Iskandar Puteri (previously known as Nusajaya) or Flagship Zone B. A Heads of Agreement was signed to form a new company to drive the development of catalyst projects (previously referred to as a "super developer"). The Iskandar Investment shareholding structure is as follows: Khazanah Nasional (60%), EPF (20%) and Kumpulan Prasarana Rakyat Johor Berhad (KPRJ) (20%), a company wholly owned by the Johor State Government. The definitive agreements were signed on 19 December 2006 and completed in May 2007. IIB was set up with total assets worth approximately RM3.4bn of land and cash on the outset. It was also set up to own a significant land bank in South Joh ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Private Limited Company
A private limited company is any type of business entity in "private" ownership used in many jurisdictions, in contrast to a publicly listed company, with some differences from country to country. Examples include the '' LLC'' in the United States, ''private company limited by shares'' in the United Kingdom, '' GmbH'' in Germany and Austria, ''société à responsabilité limitée'' in France, and ''sociedad de responsabilidad limitada'' in the Spanish-speaking world. The benefit of having a private limited company is that there is limited liability. However, shares can only be sold to shareholders in the business, which means that it can be difficult to liquidate such a company. Abbreviations Albania In Albania a limited liability company ( sq, Shoqëri me përgjegjësi të kufizuar Sh.p.k) is a commercial company founded by persons of physical or judicial status, who are not liable for the company and personally bear losses only up to the outstanding contribution agreeme ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Medini Iskandar Malaysia
Medini Iskandar Malaysia is a suburb in Iskandar Puteri, Johor Bahru District, Johor, Malaysia. Medini is a urban township development planned for a population of 450,000 by 2030. Medini is Malaysia's largest single urban development to date and will become the smart and connected Central Business District of Iskandar Puteri. The gross development value of Medini stands at US$20 billion spanning 15 to 20 years. Name The name Medini comes from the ancient name of the southern tip of Peninsular Malaysia, Ujong Medini. History Established in 2007, MIM's original shareholders included: Iskandar Investment Berhad (‘IIB’) (75%) – majority owned by Khazanah Nasional Berhad (‘KNB’) – anUnited World Infrastructure(‘UWI’) (25%). The development was launched at CityScape Dubai, an annual property investment trade show for the real estate industry. In 2008, IIB and UWI established two public-private partnerships with additional Middle Eastern partners to facilitate the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Iskandar Malaysia
Iskandar Malaysia, formerly known as Iskandar Development Region (IDR; ms, Wilayah Pembangunan Iskandar) and South Johor Economic Region (SJER), is the main southern development corridor in Johor, Malaysia. It was established on 8 November 2006. Iskandar Malaysia, which is formed by major cities such as Johor Bahru, Iskandar Puteri, Pasir Gudang, together with their surrounding areas, is Malaysia's second largest urban agglomeration with a population of 2,500,000, after Greater Kuala Lumpur. Iskandar Malaysia's development is guided by the Comprehensive Development Plan (CDP) and the Circle of Sustainability, ensuring that the region grows holistically into a prosperous economy with a high-quality living ecosystem and a resilient environment. Iskandar Malaysia's generous land area, strategic location and abundant ready infrastructure boosted its 9 promoted sectors which are Electrical & Electronics, Petrochemical and Oleo-Chemical, Food & Agro-Processing, Logistics, Tourism, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Johor
Johor (; ), also spelled as Johore, is a States and federal territories of Malaysia, state of Malaysia in the south of the Malay Peninsula. Johor has land borders with the Malaysian states of Pahang to the north and Malacca and Negeri Sembilan to the northwest. Johor shares maritime borders with Singapore to the south and Indonesia to both the west and east. Johor Bahru is the capital city and the economic centre of the state, Kota Iskandar is the seat of the state government, and Muar (town), Muar serves as the royal town of the state. The old state capital is Johor Lama. As of 2020, the state's population is 4.01 million, making it the second most populated state in Malaysia. Johor has highly biodiversity, diverse tropical rainforests and an equatorial climate. The state's mountain ranges form part of the Titiwangsa Range, which is part of the larger Tenasserim Hills, Tenasserim Range connected to Thailand and Myanmar, with Mount Ophir being the highest point in Johor. While i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Malaysia
Malaysia ( ; ) is a country in Southeast Asia. The federation, federal constitutional monarchy consists of States and federal territories of Malaysia, thirteen states and three federal territories, separated by the South China Sea into two regions: Peninsular Malaysia and Borneo's East Malaysia. Peninsular Malaysia shares a land and maritime Malaysia–Thailand border, border with Thailand and Maritime boundary, maritime borders with Singapore, Vietnam, and Indonesia. East Malaysia shares land and maritime borders with Brunei and Indonesia, and a maritime border with the Philippines and Vietnam. Kuala Lumpur is the national capital, the country's largest city, and the seat of the Parliament of Malaysia, legislative branch of the Government of Malaysia, federal government. The nearby Planned community#Planned capitals, planned capital of Putrajaya is the administrative capital, which represents the seat of both the Government of Malaysia#Executive, executive branch (the Cabine ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Malay Language
Malay (; ms, Bahasa Melayu, links=no, Jawi alphabet, Jawi: , Rejang script, Rencong: ) is an Austronesian languages, Austronesian language that is an official language of Brunei, Indonesia, Malaysia, and Singapore, and that is also spoken in East Timor and parts of the Philippines and Thailand. Altogether, it is spoken by 290 million people (around 260 million in Indonesia alone in its own literary standard named "Indonesian language, Indonesian") across Maritime Southeast Asia. As the or ("national language") of several states, Standard Malay has various official names. In Malaysia, it is designated as either ("Malaysian Malay") or also ("Malay language"). In Singapore and Brunei, it is called ("Malay language"). In Indonesia, an autonomous normative variety called ("Indonesian language") is designated the ("unifying language" or lingua franca). However, in areas of Central to Southern Sumatra, where vernacular varieties of Malay are indigenous, Indonesians refe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Special Economic Zone
A special economic zone (SEZ) is an area in which the business and trade laws are different from the rest of the country. SEZs are located within a country's national borders, and their aims include increasing trade balance, employment, increased investment, job creation and effective administration. To encourage businesses to set up in the zone, financial policies are introduced. These policies typically encompass investing, taxation, trading, quotas, customs and labour regulations. Additionally, companies may be offered tax holidays, where upon establishing themselves in a zone, they are granted a period of lower taxation. The creation of special economic zones by the host country may be motivated by the desire to attract foreign direct investment (FDI). The benefits a company gains by being in a special economic zone may mean that it can produce and trade goods at a lower price, aimed at being globally competitive. In some countries, the zones have been criticized for being l ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Malay Peninsula
The Malay Peninsula (Malay: ''Semenanjung Tanah Melayu'') is a peninsula in Mainland Southeast Asia. The landmass runs approximately north–south, and at its terminus, it is the southernmost point of the Asian continental mainland. The area contains Peninsular Malaysia, Southern Thailand, and the southernmost tip of Myanmar (Kawthaung). The island country of Singapore also has historical and cultural ties with the region. The indigenous people of the peninsula are the Malays, an Austronesian people. The Titiwangsa Mountains are part of the Tenasserim Hills system and form the backbone of the peninsula and the southernmost section of the central cordillera, which runs from Tibet through the Kra Isthmus, the peninsula's narrowest point, into the Malay Peninsula. The Strait of Malacca separates the Malay Peninsula from the Indonesian island of Sumatra, and the south coast is separated from the island of Singapore by the Straits of Johor. Etymology The Malay term ''Tanah Me ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Khazanah Nasional
Khazanah Nasional Berhad is the sovereign wealth fund of the Government of Malaysia, entrusted with growing the nation's long-term wealth via distinct commercial and strategic objectives. Khazanah's commercial objective is to grow financial assets and diversify revenue sources for the nation, while its strategic objective is to hold strategic assets that bring long-term economic benefits. Khazanah is guided by its investment philosophy which emphasises attaining appropriate risk-adjusted financial returns, generating sustainable returns, and integrating ethical and responsible investing considerations. Khazanah is a member of the International Forum of Sovereign Wealth Funds, which maintains and promotes the Santiago Principles on best practices in managing sovereign wealth funds. It is also a signatory of the United Nations-supported Principles for Responsible Investment (UNPRI), signatory of the Malaysian Code for Institutional Investors and a member of the Institutional I ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Employees Provident Fund (Malaysia)
Employees' Provident Fund (EPF; Malay: Kumpulan Wang Simpanan Pekerja, KWSP) is a federal statutory body under the purview of the Ministry of Finance. It manages the compulsory savings plan and retirement planning for private sector workers in Malaysia. Membership of the EPF is mandatory for Malaysian citizens employed in the private sector, and voluntary for non-Malaysian citizens. History Malaysian EPF was established in 1951 pursuant to the Employees Provident Fund Ordinance 1951, under the National Director of Posts. This law became the EPF Act 1951. In 1982, then the EPF Act 1991 in 1991. The EPF Act 1991 requires employees and their employers to contribute towards their retirement savings, and allows workers to withdraw these savings at retirement or for special purposes before then. As of 31 December 2012, EPF has 13.6 million members, of which 6.4 million are active contributing members. At the same date, EPF had 502,863 contributing employers. The EPF is intended to h ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ninth Malaysia Plan
The Ninth Malaysian Plan ( ms, Rancangan Malaysia ke-9), abbreviated as '9MP', is a comprehensive blueprint prepared by the Economic Planning Unit (EPU) of the Prime Minister's Department and the Finance Ministry of Malaysia with approval by the Cabinet of Malaysia. The plan allocates the national budget from 2006 to 2010 in regard to all economic sectors in Malaysia. The blueprint was announced on 31 March 2006, and was unveiled by the fifth Prime Minister of Malaysia, Datuk Seri Abdullah Ahmad Badawi in Parliament. The economic development plan was unveiled at a time when Malaysia was starting to recover from the Asian financial crisis and challenging economic conditions as a result of high oil prices. The US-led Iraq invasion in 2003 resulted in a rise in oil prices to about US$60/barrel by August 2005, which was a few months before the plan was unveiled. These two factors were mentioned in Prime Minister's speech when tabling the Ninth Malaysia Plan on 31 March 2008 besides ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
.svg "Click for more on -> Malaysia")
