If payment were made it will from iwh itself. There is no way that a public listed company to pay onbehalf a private company

You will realise musang king is nothing after you have try black torn

Patient capital is the key to long-term wealth and success

In accordance with Paragraph 6.04(c) of the Main Market Listing Requirements of
Bursa Malaysia Securities Berhad (“Bursa Securities”), the Placement Shares are
not intended to be placed to the following persons:
(i) a director, major shareholder or chief executive of the Company (“Interested
Persons”);
(ii) a person connected with the Interested Persons; and
(iii) nominee corporations, unless the names of the ultimate beneficiaries are
disclosed


Direct party cannot subscribe PP.

if PP at 0.83, i assume the price will not drop lower than 0.83. if not who want to subscribe the PP if investor can get more cheaper from the market.

Guys , if you were to pass by sungai besi airport, you can see construction side carrying ekovest company logo. What is that mean...you guys guest with your imagination ya.

Maybe the provate placement to third party is to CREC.

if LKH now propose to merger IWC & IWH & EKO, do you any one of us will reject? Bear in mind he is the largest shareholder for these companies, he can anytime propose to merge.

those seller dont know what is mean standard replied to UMA query.

damm sad, i queued at 0.67 cannot get. fake queue

fake queue

ECRL is indirectly connected with Ekovest. if you have look at the propose ECRL station maps, you can easy see that the starting station is from Gombak which also the station for HRS. in the bigger picture, Ekovest is one of the beneficiary after revived these big project.

total cost reduced to RM44b

signed new deal

huge block at 0.55

Compare the total shares isssued between ekovest and iwcity, then you will know why ekovest's share price up slower than iwcity.

10 years vision to reach10billion market capital counter, but now look like moving ahead to 10million counter rather than 10billion

So long TM is still the PM, Mr. Trump is still the US president then Ekovest's share price will be like roller coaster. Because we cannot predict when these two will said something out from ordinar.

Earning Per Share is about 5 or 6 cents only, dont think will declared more than 2 cents.

Guys, what do you aspect from a person that from bekas corrupted party. everyone is celebrating new malaysia, but none of them remember he is leader of bekas corrupted party. I foresea no changese, still one man talk in the country, DAP slowly going to be another MCA, keep barking but no actual work done.

i wish TM can step down as soon as possible. He should continue with bloger life, but not PM

PETALING JAYA: The Centre for a Better Tomorrow (Cenbet) has urged Putrajaya to exercise caution in issuing policy statements which could affect investor confidence in the country, following Prime Minister Dr Mahathir Mohamad’s announcement that Malaysia would not allow foreigners to buy residential units in Forest City.

Cenbet vice-president Simon Lim said Mahathir’s statement was part of “an unsettling pattern in the way major government decisions are announced”.

Although the Prime Minister’s Office later clarified that foreigners would be allowed to own property subject to conditions, he said, such “communication gaps” could cause jitters among investors.

“It also raises questions about the federal government’s perceived encroachment into land matters, which rightfully should come under the state’s jurisdiction,” he added.

In a statement, Lim said the Pakatan Harapan (PH) government had already been seen as flip-flopping on other mega projects such as the Singapore-Kuala Lumpur High-Speed Rail and the East Coast Rail Link.

“Because these multi-billion ringgit projects involve foreign governments and investors, any major developments would attract international media scrutiny.

“With a new government in Putrajaya, the country needs to allay investors’ concerns, not add on to the uncertainty, especially when we need more FDIs in an increasingly competitive economic landscape,” he said.

On Monday, Mahathir claimed the Forest City project had been built “for foreigners, not Malaysians”.

“Most Malaysians are unable to buy those flats.

“One thing is certain, that city that is going to be built cannot be sold to foreigners. We are not going to give visas for people to come and live here,” he said.

However, Forest City developer Country Garden Pacificview said the prime minister’s remark could have been taken out of context by the media.

It said there was no law to stop foreigners from buying property in Malaysia, and that the matter of foreign ownership in Forest City had not been an issue during a meeting between the company’s chairman Yeung Kwok Keung and Mahathir on Aug 16.

Lim said Cenbet fully supported PH in reviewing or cancelling any lopsided deals that were detrimental to the country.

“But in doing so, the government needs to be mindful of international investors’ sentiments and the long-term economic well-being of the country.

“Any announcements on major policy decisions ought to have gone through due processes, including seeking views from various stakeholders.”

He keep on saying malaysia s
Has no money, on the other hand keep on scaring foreigninvestor to invest in malaysia.

I really doubt the 93 year old man have the capability to become our prime minister. Talk like a child, simply talk in front of media without thinking the consequenses. The stupid statement hurt the whole property developer in malaysia including Ekovest. Every know the is a barrier set for foreigners who want to buy property in malaysia, as long as more then rm1mil property then foreigner is eligible to buy. Just because he ask for loan from China kena rejected then he take revenge with china company.

This year should be recorded higest profit in the history. Eyeing for 3 sen dividends and above.

time to privatise

Highway like SPE and DUKE are providing an alternative way to reach your destination, the main purpose of these highway is to reduce the traffic congestion. No one will force you to use these highway, you will still have the way without toll to reach your destination. If this government insist to use rakyat money to buy back these alternative highways, what i would said this government is damm stupid and they are wasting rakyat money.

Nett profit after tax increase despite revenue drop. What so big deal?

this remind me of Airasia shares.....

guys,nothing to comment just to remind you on Airsia shares incident happended 2 years ago? froce selling drop untill 0.88sen, see the price how much?

guys, his is syndicate trick to push the price down to influence ppl to panic sell their shares.

countdown 3 mins.

Those independent directors are only care about their pockets.

Who will buy at rm1.50 while can get from open market for lower price.

Maybe this was a conspiracy plan to remove Mr. KNS, Botak already knew the final result from the first day.

queue at 0.985. hope can get!!!

A good counter no need to promote. There is no difference between you and those wild dogs if you are keep blustering with them.

fairly good acquisition deal.

Based on the unaudited net book value of IWCity Group’s properties as at 30 September 2017 of RM1,550.79 million, this will give rise to an estimated revaluation surplus of RM1,621.40 million (net of an assumed 24% deferred taxation). After incorporating such estimated net revaluation surplus, the adjusted unaudited consolidated NA attributable to equity holders of IWCity as at 30 September 2017 will increase from RM916.59 million (RM1.09 per IWCity Share) to RM2,537.99 million (RM3.03 per IWCity Share) (“Estimated Revised Net Asset Value”). The Offer Price represents a discount of 50.5% to the Estimated Revised Net Asset Value. Without deferred taxation, the estimated revaluation surplus will be higher at RM2,133.42 million and hence, there will be a corresponding increase in the Estimated Revised Net Asset Value.

Dont compare China Market with Malaysia Market. Different environment.

Guys, i don't think today will announce the Acquisition proposal result. Read back the announcement made on 31st Oct.
"All relevant parties will use their best endeavours and efforts to negotiate in good faith
documentation and arrangements in relation to the Proposed Acquisition on or before 30
November 2017, or such other extended date as may be mutually agreed between the parties
in writing"

i dont really care how many University they want to build. i just want to know what is the merger result?

i'm not.That news was copied from The Sun Daily. I'm also waiting for the AGM result

Ekovest Bhd has no issue with the government's decision to freeze approvals for luxury property projects and will build more properties below RM1 million in line with the government's policy.

Managing director Tan Sri Lim Keng Cheng said it has obtained the development orders for most of its land in Kuala Lumpur.

Speaking at a press conference after its AGM here today, Lim said it will also consider building educational institutions.

Ekovest is targeting for revenue from property development to contribute 30% to its group in the next five years, from 10% now.

@Halite, here is what you should do - and trust me, this advice comes from someone that has had to put up with this sort of crap from dozens of idiots that feel all big and brave when hiding behind an computer screen: Turn off anonymous posts on your blog, or wall, or wherever you are seeing these things - just dont allow them to do it. If they still do, just ignore it. Idiots like this THRIVE on your reaction. If you dont react, they get bored, and move on - like a moth buzzing around a bright-light. Turn off the light and they go away. You have better things to do with your life, while idiots like this do not.

hahaha....very funny joke. Thank you Mr Clown@ Superbull 11 for your funny joke. Ur idiotic statement really make me happy for the day.

We all know 23rd Nov AGM meeting to decide the proposal and 25th Nov is the Qtr result, how come an idiot can predict this counter go to sleep mode?

God, please forgive the idiot. Forgive him for keep behaving like an idiot, forgive his nonsense statement, forgive his idiotic.

Another 15 days to go. Result will be out after AGM on 23rd November.

Guys, stop argue to that down syndrome baby. Let him shiok sendiri. Your participation will just making him excited.