From Thestar.com.my: Khazanah Nasional Bhd has committed to invest RM400mil to build the region’s biggest independently-owned studio facility in Johor together with renowned international film production company Pinewood Shepperton plc, as the Government’s investment arm steps up efforts to boost Iskandar Malaysia’s appeal as a global creative hub.

The Pinewood Iskandar Malaysia Studio (PIMS) is scheduled to open by early 2013………………………………..Full Article: Source