Have they announced any date for the EGM?

You are right, meisarel

Looks like no dividend

Real disappointment

Some deadwood is keeping on disposing

I think the agenda is whether to pay 10 cents cash or in the form of shares. Could be the main agenda

Sharemakers, will join with you to sing Alleluia and glory to the Most Almighty One.

Sharemakers, which source is the above news? Thanks

Now WTI is 45.22 stay over 45 is good

Agreed

I think after 4pm will come back. Clearing contrarians

Fridays here are meant to be forgotten. No more DnexFriday.

Have cash, play this counter. Today is T4.

This boss is a contra killer.

Good, winner 24. I appreciate your feedback. Thank you

Going to the cold storage again

Wanda entry may not be favourable to CREC as they are state run firms. Wanda' s meeting with our authorities was prior to the meeting with the Premier.

IWC is the favourites for Bandar Malaysia. The Chinese Premier have mentioned that the with IWC-CRÈC should be considered and maintained. Only required by MOF for the revaluation of the land in question , which means it is a re-tender for a higher revaluation. Other terms remain unchanged.

IWC shares climb on positive vibe over new Bandar Malaysia deal

By Sangeetha Amarthalingam | 2017-06-15 16:09:49
KUALA LUMPUR (June 15): Iskandar Waterfront City Bhd (IWC) shares gained 3.77% after hitting a 10-year high in May, following speculations among investors over its probable win of the new Bandar Malaysia deal.

At 3.18pm, its share price climbed six sen to RM1.65, after paring gains, with 35.3 million shares done for a market capitalisation of RM1.4 billion. In a year, the stock has grown 65%.

Last month, the government opened up a second tender for parties to bid for the project after the initial master builder IWH CREC Sdn Bhd was terminated. The deadline has been set on June 30, with the decision to be announced by July 14.

SJ Securities Sdn Bhd remisier Goh Kay Chong said the market is speculating that IWC has a good chance of getting the tender of Bandar Malaysia project.

"The technical indicator shows that the stock is on the uptrend and funds are coming back to collect the stock. Resistance level is at RM1.87 and RM2.06," he told theedgemarkets.com.

Goh said although the market may also be excited about the expected merger between IWC and its substantial shareholder Iskandar Waterfront Holdings Sdn Bhd (IWH), the more important deal remains the Bandar Malaysia project.

On May 3, Bandar Malaysia landowner and Ministry of Finance Inc wholly-owned unit TRX City Sdn Bhd terminated IWH CREC as master builder following its alleged failure to meet payment obligations outlined in a Dec 31, 2015 share sale agreement.

IWC CREC is a consortium formed by IWH and China Railway Engineering Corp (M) Sdn Bhd.

On May 5, IWH and IWC agreed to proceed with their merger as part of a proposed rationalisation and restructuring exercise to consolidate their land bank to create great synergies and economies of scale.

Under the merger scheme, IWH would acquire the remaining 61.7% stake in IWC and the former would assume the listing status of IWC.

May it is a T 3 rollover to help Contra player?

Support increasing at 43.5

Coming back

B4b4, it is happening in Careplus

I think that their purchase of the new company from Singapore is not good. With PUC management, PUC will make the other company bankrupt too.

Even if a news on the re-award of Bandar Malaysia partly or a piece is out, IWC definitely be at the level of RM 2.50 without a doubt.

Possible

Let the big players do it.

Aiyo, sharemakers, pls do not invite newcomers lah, they will spoil the game ya

Pancing and munching at 1.67

Now strong collection at 1.68

Yes B4b4

1.69 done again

1.68 queuing increasing

Que at 1.67 increasing

Strong indication BM goes to IWC, atleast part of total contract

Reverse of trend

Buyers que 1.94m and sellers que 1.68m

By end of June , they should firm up on the awards of Bandar Malaysia

I like the way they picking up at 1.67

Expecting to close today above 1.74

Well supported this time during rally. Sharemakers may be right that second wave is imminent.

Nice collection at every level. Preparing to shoot higher.

Today it is flexing its muscles. Morning warm up.

Wow wow wow PublicInvest covering Dnex-WD TP 37 c and next level 40 cents.

Yes, may your dream come true.

Please note that MALTON have to secure a contract of nearly 2 billion in order to award to the third party, do not know who is the third party. Bandar Malaysia is just a myth now as the Chinese Premier has mentioned something about the termination on IWC-Crec.

35 cents seemed to be a strong support for the past 2 months and it is loosened now.

Ming Jong Tey blog in I3investor on 13 June 17. Could not cut and paste.

As shown in CAREPLS's daily chart above, it broke out of the neckline of the cup

As shown in CAREPLS's daily chart above, it broke out of the neckline of the cup