No fresh attempt to bid for Bandar Malaysia

21 Jul 2018 - The Star Online
KUALA LUMPUR: Iskandar Waterfront City Bhd (IWCity) says its parent company Iskandar Waterfront Holdings Sdn Bhd (IWH) has not made any fresh attempt to bid for the development of Bandar Malaysia. Speculation that IWH might get a second chance to develop Bandar Malaysia had sent shares in IWCity soaring ...
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IWCity says IWH did not submit new bid for Bandar Malaysia

20 Jul 2018 - The Star Online
KUALA LUMPUR: Iskandar Waterfront City Bhd (IWCity) says parent company Iskandar Waterfront Holdings Sdn Bhd (IWH) has not made any fresh attempt to bid for the development of Bandar Malaysia. Speculation that IWH might get a second chance to develop Bandar Malaysia had sent shares in IWCity soaring ...
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Ekovest shares rise, IWCity surges in early trade

20 Jul 2018 - The Star Online
KUALA LUMPUR: Shares in Iskandar Waterfront City Bhd (IWCity) and Ekovest Bhd rose in early trade Friday as Bandar Malaysia talk resurfaces. IWCIty, the third most traded counter with 31.4 million shares traded, rose 6.04%, or 4.5 sen to 79 sen. Ekovest gained 0.69%, or 0.5 sen to 72.5 sen. An English ...
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Tax bill weighs on IWCity share price

13 Apr 2018 - The Star Online
KUALA LUMPUR: Iskandar Waterfront City Bhd ’s (IWCity) shares price fell 1.8% in early trade after the group was slapped with an additional tax and penalty totaling RM32.23mil. The counter fell 1.79%, or 1.5 sen to 82.5 sen with over 1.7 million shares traded. A unit of IWCity is being sued by the Inland ...
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Ekovest fails to get shareholders nod for IWC takeover

29 Mar 2018 - The Star Online
KUALA LUMPUR: Ekovest Bhd failed to get its shareholders' full support for the takeover of Iskandar Waterfront City Bhd (IWC) at its EGM on Thursday. About 69.2% shareholders voted against the resolution and 30.8% were in favour.
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IWC minority shareholders urged to accept takeover offer

22 Mar 2018 - The Star Online
PETALING JAYA: BDO Capital Consultants Sdn Bhd, the independent adviser to Iskandar Waterfront City Bhd ’s (IWC) minority shareholders, has advised them to accept the takeover offer from Ekovest Bhd at RM1.50 per share. Last December, Ekovest said it has proposed to undertake a conditional voluntary ...
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IWC minorities clear winners in Lim’s latest corporate move

2 Nov 2017 - The Star Online
PETALING JAYA: In the world of high finance, there is no such thing as a win-win situation. It’s only a matter of who stands to gain less. In the proposed takeover by Ekovest Bhd of Iskandar Waterfront City Bhd (IWC), the obvious beneficiaries are the minorities of the latter. Both companies have a common ...
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UOB Kay Hian sees near-term impact on Ekovest share price

1 Nov 2017 - The Star Online
PETALING JAYA: UOB Kay Hian Research foresee negative near-term impact on Ekovest Bhd share price following its proposal to takeover of Iskandar Waterfront City Bhd (IWC). “Ekovest’s proposal to acquire a 62% stake in IWC comes as a negative surprise. The proposal could see Ekovest forking out up to ...
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Ekovest shares fall over 15% on merger deal

1 Nov 2017 - The Star Online
KUALA LUMPUR: Shares of Ekovest Bhd on Wednesday plunged over 15% after the company announced the consolidation of Iskandar Waterfront City Bhd (IWC) into Ekovest. Ekovest was trading lower by 15.09%, or 16.5 sen to 95.5 sen in early trade with more than 154 million shares done. It is currently the most ...
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Lim Kang Hoo proposes Ekovest-IWCity merger, IWH-IWCity merger off

31 Oct 2017 - The Star Online
KUALA LUMPUR: The proposed merger between Iskandar Waterfront Holdings Sdn Bhd (IWH) and Iskandar Waterfront City Bhd (IWCity) is off and is now expected to be replaced with a corporate exercise that involves Ekovest taking over the latter. IWH executive vice-chairman Tan Sri Lim Kang Hoo, who is also ...
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