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2020-09-15 22:12 | Report Abuse
https://www.thestar.com.my/business/business-news/2020/09/15/iskandar-waterfront-targets-rm5bil-ipo-in-first-half-of-2021
Iskandar Waterfront targets RM5bil IPO in first half of 2021
CORPORATE NEWS Tuesday, 15 Sep 2020 8:12 PM MYT
KUALA LUMPUR (Reuters) - Iskandar Waterfront Holdings (IWH) is planning to list in the first half of 2021 to raise at least RM5bil after getting the go-ahead to start work on a mega project, its executive vice chairman said.
A RM1.24bil deposit and advance payment completed on Tuesday fulfilled its initial contractual obligations to the government to allow the group and its partner China Railway Engineering Corp (CREC) to start work on Bandar Malaysia.
The mega-project on the fringe of Kuala Lumpur city centre was initially announced in 2011, scrapped in 2017 and reinstated in April this year.
IWH's IPO plan has been contingent on the multi-billion city development project progressing, and after scrapping plans for a backdoor listing in 2017, it revived a plan to list on its own last year.
Executive Vice Chairman Lim Kang Hoo said in an interview that infrastructure construction and earthworks are planned for early next year.
Stock
2020-09-15 22:11 | Report Abuse
https://www.thestar.com.my/business/business-news/2020/09/15/iskandar-waterfront-targets-rm5bil-ipo-in-first-half-of-2021
Iskandar Waterfront targets RM5bil IPO in first half of 2021
CORPORATE NEWS Tuesday, 15 Sep 2020 8:12 PM MYT
KUALA LUMPUR (Reuters) - Iskandar Waterfront Holdings (IWH) is planning to list in the first half of 2021 to raise at least RM5bil after getting the go-ahead to start work on a mega project, its executive vice chairman said.
A RM1.24bil deposit and advance payment completed on Tuesday fulfilled its initial contractual obligations to the government to allow the group and its partner China Railway Engineering Corp (CREC) to start work on Bandar Malaysia.
The mega-project on the fringe of Kuala Lumpur city centre was initially announced in 2011, scrapped in 2017 and reinstated in April this year.
IWH's IPO plan has been contingent on the multi-billion city development project progressing, and after scrapping plans for a backdoor listing in 2017, it revived a plan to list on its own last year.
Executive Vice Chairman Lim Kang Hoo said in an interview that infrastructure construction and earthworks are planned for early next year.
Stock
2020-09-15 22:07 | Report Abuse
Iskandar Waterfront targets RM5bil IPO in first half of 2021
CORPORATE NEWS Tuesday, 15 Sep 2020 8:12 PM MYT
KUALA LUMPUR (Reuters) - Iskandar Waterfront Holdings (IWH) is planning to list in the first half of 2021 to raise at least RM5bil after getting the go-ahead to start work on a mega project, its executive vice chairman said.
A RM1.24bil deposit and advance payment completed on Tuesday fulfilled its initial contractual obligations to the government to allow the group and its partner China Railway Engineering Corp (CREC) to start work on Bandar Malaysia.
The mega-project on the fringe of Kuala Lumpur city centre was initially announced in 2011, scrapped in 2017 and reinstated in April this year.
IWH's IPO plan has been contingent on the multi-billion city development project progressing, and after scrapping plans for a backdoor listing in 2017, it revived a plan to list on its own last year.
Executive Vice Chairman Lim Kang Hoo said in an interview that infrastructure construction and earthworks are planned for early next year.
Stock
2020-09-15 19:41 | Report Abuse
Ini kali la !
Thursday will limit up & break above RM1.00 !
Huat ah ! Heng ah ! Omg ah !
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2020-09-15 19:15 | Report Abuse
Ekovest - Cheque Presentation Ceremony = Ini kali la (all systems go)
Author:Â sayalabur
Publish date: Â Tue, 15 Sep 2020, 11:24 AM
https://klse.i3investor.com/m/blog/alpha_return_hedge/2020-09-15-story-h1513497867-Ekovest_Cheque_Presentation_Ceremony_Ini_kali_la_all_systems_go.jsp
The press reported the Bandar Malaysia Cheque Presentation Ceremony at Le Meridian tonight.Â
So what's the big deal many would think?
Firstly, the attendees include Menteri Besar Johor, Minister of Finance and Bai Tian, the ambassador of China in Malaysia. The significance of Bai Tian means both China and Malaysia government already 'kao dim' or iron out the details just like Bai Tian was there when Geely seal the deal with DRB for Proton. So a Government to Government initiative with backing from China loans means there is no stopping Bandar Malaysia now. Many have been concern about Malaysia's lack of funding but with China's loan life line, 'ini kali la'
Secondly, Ekovest is in talks to buy a 40% stake in the JV co to develop Bandar Malaysia. This means Ekovest more than IWCITY is the prime beneficiary enjoying immediate development earnings and also construction earnings when parcels of the project are disbursed out.
Lastly, brokers in town use to value Ekovest with price targets >RM1.00 before the change to PH government brought the project to a halt. With the resumption of Bandar Malaysia, we can expect brokers to once again increase their price targets to above RM1.00. Â
At the point of writing of 11.20am, volume traded is 129m shares with strong collection seen. I believe the many fund managers who will be in attendance at tonight's events are slowly collecting. So now is the time to load on Ekovest with your cost at around the same levels as the big funds. Switch out of IWCITY into Ekovest as the prime beneficiary of Bandar Malaysia.
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2020-09-15 11:12 | Report Abuse
Once signed, probably will break above RM2.00 !
Huat ah ! Heng ah ! Ong ah !
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2020-09-15 10:58 | Report Abuse
Tonight will be the Bandar Malaysia's cheque presentation ceremony !
Huat ah ! Heng ah ! Ong ah !
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2020-09-15 10:57 | Report Abuse
Lim-linked stocks cash in on Bandar Malaysia cheque handover
Tuesday, 15 Sep 2020 By ROYCE TAN
https://www.thestar.com.my/business/business-news/2020/09/15/lim-linked-stocks-cash-in-on-bandar-malaysia-cheque-handover
Stock
2020-09-15 10:56 | Report Abuse
Ekovest, IWCity soar ahead of Bandar Malaysia deposit payment
Tuesday, September 15th, 2020 at , Markets | News
by FARA AISYAH / pic credit: ekovest.com.my
https://themalaysianreserve.com/2020/09/15/ekovest-iwcity-soar-ahead-of-bandar-malaysia-deposit-payment/
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2020-09-15 10:28 | Report Abuse
Walao, 0.58 clear, 0.585 also clear, now 0.59, going to turn green soon & spike up to sky high liao !
Huat ah ! Heng ah ! Ong ah !
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2020-09-15 10:04 | Report Abuse
10.48 am will annouce good news on Bandar Malaysia ?
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2020-09-15 09:37 | Report Abuse
Now people just profit taking nia, after profit taking was finish, will continue spike up
to sky high !
Today probably will spike up to break above RM1.00 !
Huat ah ! Heng ah ! Ong ah !
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2020-09-14 17:32 | Report Abuse
Wow, Fantastic !
Ekovest was closed at=> 0.605 (+0.105)(+21 %) !
Tommorrow Ekovest probably will be opened
at => 0.80 (+0.195) (+32.2 %)
and closed at RM1.00 (+0.395)(+65.3 %) !
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2020-09-14 17:22 | Report Abuse
Wow, Fantastic !
IWCity was closed at=> 0.66 (+0.085)(+14.8 %) !
Tommorrow IWCity probably will be opened
at => 0.80 (+0.14)(+21.2 %)
and closed at RM1.00 (+0.34)(+51.5 %)
Huat ah ! Heng ah ! Ong ah !
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2020-09-14 16:03 | Report Abuse
Tommorrow definitely will spike up even more fierce...
Tommorrow at least will spike up 30 to 50 cents !
Huat ah ! Heng ah ! Ong ah !
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2020-09-14 15:38 | Report Abuse
Like this trend Hiaptek going to break above RM1.00
very very soon !
Huat ah ! Heng ah ! Ong ah !
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2020-09-14 15:24 | Report Abuse
Like this trend going to break RM2.00 soon !
Huat ah ! Heng ah ! Ong ah !
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2020-09-14 12:28 | Report Abuse
Wow, Amazing !
Now Melewar already
traded at=> 0.245 (+0.03) (+14 %) !
Like that today Melewar definitely
can closed at=> 0.50 (+0.285) (+132.6 %) liao lah !
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2020-09-14 12:25 | Report Abuse
Wow, Amazing !
Now Mycron already
traded at=> 0.29 (+0.02) (+7.4 %) !
Like that Mycron definitely
can closed at=> 0.50 (+0.23) (+85.2 %) liao lah !
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2020-09-14 11:31 | Report Abuse
No wonder today LIonind also soaring !
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Stock: [EKOVEST]: EKOVEST BHD
2020-09-15 22:15 | Report Abuse
Go to check the company organisation chart yourself lah, don't talk nonsense here...
As i know Ekovest is mother company owned by Tan Sri Dato' Lim Kang Hoo
And IWCity is also another subsidiary company owned by Tan Sri Dato' Lim Kang Hoo !
Huat ah ! Heng ah ! Ong ah !