Posted by newbie5354 > 2017-11-02 20:37 | Report Abuse

Why must use Ekovest cash? To bailout IWC minority including LKH?

Posted by cheoky > 2017-11-02 21:48 | Report Abuse

Come permas n stay one week. U might second guess will greenland see through such schedule payment with iwc. Schedule payment could be an indefinately non schedule payment. Just like 2020 to TN50. Big hope to achieve

Posted by KLCI King > 2017-11-02 22:56 | Report Abuse

Bull, I am waiting for your to delete your bull-shit comment.

Fortune Bull This is the best analytical though process i ever seen! Kadoos!
02/11/2017 20:35

Posted by mnsa > 2017-11-02 23:18 | Report Abuse

Dude the imtn Money can be used only for DUkE. To do otherwise will trigger event of default on the IMTN.

Posted by mnsa > 2017-11-02 23:23 | Report Abuse

Secondly why is the amount due on the 15th Oct not in yet? Is there something wrong with Greenland?

Posted by choop818 > 2017-11-02 23:51 | Report Abuse

I like the idea of having `bird in hand is better than 2 in the bush'. We are now living in difficult times.

Posted by Gabriel Khoo > 2017-11-03 01:49 | Report Abuse

initial payment received in aug, i suppose 2nd payment will only receive in nov

Posted by Jonathan Keung > 2017-11-03 06:41 | Report Abuse

minority shareholders suffer price drop $1.16 fiwn to $0.99 (-16). just bote and say No to the deal

Posted by brightsmart > 2017-11-03 08:46 | Report Abuse

LKH game...he can also change his mind if it suits him.

minorities can also vote this down.

Posted by noobnnew > 2017-11-04 10:40 | Report Abuse

https://www.thestar.com.my/business/business-news/2017/11/04/kang-hoo-has-his-say/
Thanks for the question about the article and overwhelming response. I think the article on The Star above pretty much confirm my theory. Of course, my number is a bit off.

Posted by Zillions > 2017-11-04 22:33 | Report Abuse

There are people above asked the right question. Why need to takeover iwcity? Iwcity can hold on to all the positive aspects it have by itself. What's the benefit of consolidating iwcity in Ekovest and having to fork out a premium for it. Remember iwcity is only an 80+sen counter prior IWH takeover news. In all aspects of the potential of iwcity land, at the end of it, it's all future talk, but money spent by Ekovest is now. Make sense?

Posted by noobnnew > 2017-11-04 23:42 | Report Abuse

Hi, as I mentioned clearly in my discussion above. IWC deal is more than enough to cover the acquisition cost. The initial payment had been made and the article from both The Edge and The Star also pointed out that there wont be any default in payment as the counterpart was China. Hence, there will be no money spent by Ekovest as the payment schedule showed that the payment in 2018 and 2019 will be cover the cost.
Put it in simpler term, it is like you are using your current credit card to purchase an item that would generate cash in next 2 month which will be sufficient to cover the cost. It is a win deal. So, why not?

Zillions 04/11/2017 22:33
There are people above asked the right question. Why need to takeover iwcity? Iwcity can hold on to all the positive aspects it have by itself. What's the benefit of consolidating iwcity in Ekovest and having to fork out a premium for it. Remember iwcity is only an 80+sen counter prior IWH takeover news. In all aspects of the potential of iwcity land, at the end of it, it's all future talk, but money spent by Ekovest is now. Make sense?

Posted by KLCI King > 2017-11-09 12:00 | Report Abuse

See, told already, bull/tomoto juice/kimmi juice always did that

Posted by KLCI King > Nov 2, 2017 10:56 PM | Report Abuse X
Bull, I am waiting for your to delete your bull-shit comment.

Fortune Bull This is the best analytical though process i ever seen! Kadoos!
02/11/2017 20:35

Posted by Alex Foo > 2017-11-09 12:02 | Report Abuse

actually, u ppl are really dare to play iwc. did u check iwc background?

Posted by hollandking > 2017-11-09 12:32 | Report Abuse

i wont comment much on iwcity BUT there's something you guys never thought about. There's one point. I think you all know the story of IWCITY from BM to merger. The IWCITY IWH merger plan was delayed, think was it 2 times, and there were this good will nego..... well these are public relation words when something not right, they tried to make it look nice. When I saw those words, knew something was not right.
So now the key point is this, I don't want to be accuse of bashing this stock BUT the point is if IWCITY-IWH merger was so good, why did it failed? It is quite clear that the failed merger would have an impact on IWCITY after the BM botch. The last hope was the IWCITY-IWH merger, so it failed too. So now ekovest is brought in, so what does it mean?