Iskandar Malaysia Studios Explained

Building Name:Iskandar Malaysia Studios
Completion Date:2014
Status:Operational
Building Type:Film Studios
Architectural Style:Modernism

Iskandar Malaysia Studios (IMS) is a studio complex located at a 20ha site in Iskandar Puteri, Johor Bahru District, Johor, Malaysia,[1] It targets the Asia-Pacific region.

History

Pinewood Shepperton plc (now Pinewood Group) entered into a strategic agreement with Khazanah Nasional Berhad (the investment holding arm of the Government of Malaysia) in connection with the development of a new film and television studio facility in Iskandar, Malaysia. Construction began towards the end of 2010, with completion initially expected by the end of 2012. The project designers were GDP Architects, Kuala Lumpur[2] and structural engineer Hossein Rezai of Web Structures.[3] The facility officially opened on 14 June 2014.[4]

In July 2019, Pinewood Iskandar Malaysia Studios was rebranded to Iskandar Malaysia Studios and the affiliation with Pinewood Shepperton plc ended.[5] [6]

In March 31, 2023, Singaporean entertainment company, GHY Culture & Media announced its intent in a filing on the Singapore Exchange to acquire 80% of majority stake in Iskandar Malaysia Studios.[7] Later, on April 9, Khazanah Nasional's wholly-owned special purpose vehicle, Granatum Ventures, has entered into a definitive share sale agreement to divest its 100% stake in the studio to Studio Management Services (SMS), a consortium led by its current Malaysian management team in partnership with GHY, to attract foreign investment as well as to brought the economic and social benefits to Malaysia.[8]

In June 2023, Deputy Finance Minister, Steven Sim said that Khazanah only divest its shares in Iskandar Malaysia Studios to looking for a new partner which could better manage the studio, but did not sold the studio's assets.[9] [10]

Stages, TV studios and facilities

The facilities in the studio complex include 9300m2 of film stages, ranging from 1400m2 to 2800m2. The first two at 1400m2 while the other two at 1900m2. The biggest stage at 2800m2 has a water tank for productions that require work on or under water. There are 2 TV studios, each at 1100m2. The studio holds Southeast Asia's largest paddock tank measuring 65m (213feet) x 65m (213feet) and 1.4m (04.6feet) deep and a deep water tank with a diameter of 18m (59feet) and depth of 5.6m (18.4feet).

Productions

Notes and References

  1. News: Johor set to become Malaysia's movie capital. 17 September 2012. thestar.com.my. 17 September 2012.
  2. Web site: GDP Architects » Pinewood Studio . gdparchitects.com . dead . https://web.archive.org/web/20170204003012/http://gdparchitects.com/2015/?project=pinewood-studio . 2017-02-04.
  3. Web site: Pinewood Iskandar Malaysia Studios: Film. e-architect. 8 December 2010. 12 April 2014.
  4. Web site: Pinewood Iskandar Malaysia Studios officially opens and is in full swing . . 14 June 2014 . 20 August 2014.
  5. Web site: Clarke . Stewart . Pinewood Pulls Out of Iskandar Malaysia Studios Partnership . Variety . 10 June 2020 . en . 11 July 2019.
  6. News: Pinewood Group pulls out of Iskandar Malaysia Studios, says report. The Edge Markets. 12 July 2019. 12 April 2020.
  7. News: Singapore-based GHY Culture to acquire Iskandar Malaysia Studios in Johor. Amir Yusof. CNA. 6 April 2023. 9 April 2023.
  8. News: Khazanah divesting entire stake in Iskandar Malaysia Studios. Free Malaysia Today. 9 April 2023. 9 April 2023.
  9. News: Khazanah sold Iskandar Malaysia Studios but kept assets, says Sim. Free Malaysia Today. 13 June 2023. 21 June 2023.
  10. News: Khazanah still a stakeholder of Iskandar Malaysia Studios but looking for partners, Finance Ministry says amid sale accusation. Soo Wern Jun. The Malay Mail. 13 June 2023. 21 June 2023.