A company that Lim co-founded, Ekovest, is known for its involvement of the construction of the Petronas Twin Towers, Kuala Lumpur International Airport, and main buildings within Putrajaya, the country's federal administrative centre.
[11] Past collaborative investors in the Iskandar region include billionaires Robert Kwok, Peter Lim, Jeffery Cheah, as well as few of the largest real estate development companies from China (Country Garden Holdings, Greenland) and Australia.
[7] On the west side of Iskandar, Tan Sri Lim has plans to convert Johor Bahru into a waterfront destination with cruise terminals, marina, residences, offices, hotels and convention centers.
[13] According to The Star, through this IPO, Iskandar Waterfront Holdings was "hoping to lock in some global names in the property and investment world as cornerstone investors" with procedural preparations nearing completion.
[15] According to an article published in Deal Street Asia, Iskandar Waterfront is looking to revisit its IPO plans in 2016, with a potential dual listing in Kuala Lumpur as well as in Hong Kong.