by Intan Abdul
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New renowned Mercu Maybank building at i-City.

Despite COVID-19 putting a pause in i-Berhad’s plans to be a billion-ringgit market cap company, it didn’t stop i-Berhad from bouncing back with the reopening of the country. The first evidence was from the number of visitors to the City of Digital Lights which hit an all-time high during the Hari Raya holidays. 

Maybank Chairman, Tan Sri Dato’ Sri Zamzamzairani Mohd Isa (third from left), I-Berhad Chairman Tan Sri Lim Kim Hong (second from left), and Maybank Group President & CEO, Dato’ Sri Abdul Farid Alias (left), I-Berhad Executive Director and Chief Technology Officer Ricky Lim Boon Soon (right) at Mercy Maybank Ceremony.

With more than RM1 billion worth of net assets, i-Berhad still holds a strong position to achieve the billion-ringgit market cap will continue their focuses on property, leisure, and property investment with the upcoming DoubleTree by Hilton hotel, International Convention Center, Premium offices, retail suites (to be allocated for banks / financial institutions) and BeCentral residential, all of which are located in the Finance Avenue in i-City (i-City 金融区).

Maybank Chairman, Tan Sri Dato’ Sri Zamzamzairani Mohd Isa (right) and I-Berhad Chairman Tan Sri Lim Kim Hong (left) signing of Mercu Maybank.

This was on top of the Group securing Maybank as the anchor tenant where 1,500 staff relocated from their HQ in Kuala Lumpur to Mercu Maybank corporate tower, also located in Finance Avenue in i-City. The public can expect the growing economy and gradual opening of international borders to benefit DoubleTree by Hilton i-city where the hotel will open its doors in Q3, 2022.

In addition to this, the RM650 million GDV BeCentral residential units locked in Finance Avenue in i-City at the launchpad have also attracted positive interest. “A continuous pipeline of property development projects, as well as a steadily increasing number of visitors to the theme park and shopping mall, contributed to the  success of i-Berhad prior to Covid-19. We are now rebuilding the development pipeline and investing in new rides and attractions to attract the crowd. The RCULS extension will ensure that we have the funds to get back on our growth track,” said Tan Sri Lim Kim Hong, Chairman of I-Berhad (i公司主席丹斯里林金煌).

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