ISKANDAR WATERFRONT CITY BERHAD

KLSE (MYR): IWCITY (1589)

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Last Price

0.545

Today's Change

-0.01 (1.80%)

Day's Change

0.54 - 0.55

Trading Volume

418,900


31 people like this.

34,713 comment(s). Last comment by Viable4Everything 1 day ago

Posted by Steady Punpipi > 2021-02-19 08:20 | Report Abuse

Good Morning Folks .... Dont wait too looooong to join in the FUN !

Posted by Steady Punpipi > 2021-02-19 15:15 | Report Abuse

Malaysia announces winning design for Johor-S'pore RTS Link station in Bukit Chagar

Posted by Steady Punpipi > 2021-02-21 09:24 | Report Abuse

Chinese not ‘pendatang’, they are ‘Bangsa Johor’, says ruler

IWCITY HENG ONG HUATT ARRR!!!

Posted by Steady Punpipi > 2021-02-21 20:36 | Report Abuse

0.465 sales ending ...soon

Posted by Steady Punpipi > 2021-02-22 10:45 | Report Abuse

0.490 day high

meadow1628

1,084 posts

Posted by meadow1628 > 2021-02-22 11:18 | Report Abuse

Vaccination to begin Feb 24
By MARTIN CARVALHO Monday, 22 Feb 2021
https://www.thestar.com.my/news/nation/2021/02/22/vaccination-to-begin-feb-24
PETALING JAYA: The National Covid-19 Immunisation Programme will begin on Wednesday, two days ahead of schedule.

It was initially scheduled to roll out on Friday.

Science, Technology and Innovation Minister Khairy Jamaluddin, who gave the latest update, said Prime Minister Tan Sri Muhyiddin Yassin
would set the ball rolling by being the first to be vaccinated at Klinik Kesihatan Putrajaya after chairing the Cabinet meeting on Wednesday.....

meadow1628

1,084 posts

Posted by meadow1628 > 2021-02-22 11:28 | Report Abuse

Vaccine optimism gives Bursa an early boost
Monday, 22 Feb 2021 9:18 AM MYT
https://www.thestar.com.my/business/business-news/2021/02/22/vaccine-optimism-gives-bursa-an-early-boost

meadow1628

1,084 posts

Posted by meadow1628 > 2021-02-22 11:28 | Report Abuse

KUALA LUMPUR: Bursa Malaysia rose in early trade as news of the Covid-19 vaccine arriving in Malaysia helped to facilitate optimisimn
over this year's expexted recovery...

meadow1628

1,084 posts

Posted by meadow1628 > 2021-02-22 11:43 | Report Abuse

Economy to bounce back once vaccination gathers momentum
Monday, 22 Feb 2021
https://www.thestar.com.my/business/business-news/2021/02/22/economy-to-bounce-back-once-vaccination-gathers-momentum

KUALA LUMPUR: The country’s economy is expected to show a positive development by the middle of this year once the National Covid-19 Immunisation Programme, which begins on Wednesday, gathers momentum, an economist said.
Malaysian Academy of Sciences fellow Datuk Dr Madeline Berma said economists predicted that Malaysia would be able to revive its economy starting in the third quarter of this year, depending on the smooth implementation of the vaccination programmes

.“This is in line with the forecast issued by the Economic Planning Unit which expects the country’s economy to recover around 4.5 to 5.0%, ” she said in a special coverage of the first batch of Covid-19 vaccines arrival to Malaysia on BernamaTV on yesterday.
Madeline said the services sector was one of the sectors that needed to be given priority in the vaccination programme, besides the manufacturing sector to help increase production rates.

She hopes with the national immunisation programmme underway, the country’s tourism and export sectors could also be mobilised again to open more economic opportunities for industry players.
“The country’s tourism and export sectors have been badly affected by the closure of national borders since the Movement Control Order was imposed, ” she said.

Posted by Steady Punpipi > 2021-02-22 13:19 | Report Abuse

Singapore RTS link to further spur Johor's economy, says state ruler Sultan Ibrahim Iskandar
Project construction in Bukit Chagar began in November last year.



JOHOR BARU (THE STAR/ASIA NEWS NETWORK) - Johor can expect a further boost to its economy by the next five years with the completion of the Johor Baru-Singapore Rapid Transit System (RTS) Link which will take commuters only five minutes to reach the island Republic, said Johor's ruler Sultan Ibrahim Iskandar.

Sultan Ibrahim said he had been informed that the RTS Link was expected to carry up to 300,000 passengers a day.

"It will dramatically put Johor as a strategic link to Singapore on another level. Travelling between Johor and Singapore will become much easier and faster. I am looking forward to the RTS," he said in an interview in conjunction with Chinese New Year.

He said the prices of properties would go up, as the RTS would make living and working in Johor more conducive for both sides.

"There is mutual benefit from RTS, as the link will lessen the pressure on space in Singapore. It will further integrate the two communities.

"Johor hopes to offer itself as a technological and medical hub. There is enormous potential," he added.

He also said that there would be a stronger boost to the hotel, hospitality and tourism sectors in Johor.

The 4km RTS Link - 2.7km of the route in Malaysia and 1.3km in Singapore - will link Johor's Bukit Chagar terminus station to the Singapore terminus in Woodlands North.

Project construction in Bukit Chagar began in November last year, with Malaysia starting a three-month public inspection of the RTS Link project last month.

The RTS Link stations will be integrated with local transport networks in Johor and Woodlands.

Malaysian transport minister Wee Ka Siong had said that out of the 4km line, an elevated stretch of 2.7km would stand within Malaysian boundary.

The line would go underground as it reached Singapore, said Datuk Seri Wee.

With a capacity of up to 10,000 passengers per hour per direction, the RTS Link is expected to carry up to 300,000 passengers a day.

The journey time will be only five minutes and during peak hours, trains will commute at an interval of 3.6 minutes.

The Sultan of Johor said the RTS would bring huge economic benefits to Johor and put an end to the longstanding traffic congestion problem at the Causeway.


The 4km RTS Link - 2.7km of the route in Malaysia and 1.3km in Singapore - will link Johor's Bukit Chagar terminus station to the Singapore terminus in Woodlands North. PHOTO: LAND TRANSPORT AUTHORITY
MORE ON THIS TOPIC
Malaysia announces winning design for Johor-S'pore RTS Link station in Bukit Chagar
Singapore-Johor RTS Link station and Customs building in Woodlands North to be 10 times the size of typical MRT station
"There will also be spin-off effects from the construction of the RTS, as thousands of jobs will be created for Johoreans, especially local contractors and suppliers," he said.

The total cost of the RTS project, which was earlier suspended at Malaysia's request, is estimated at RM10 billion (S$3.25 billion).

Both governments have agreed to a split of 61:39, with Malaysia forking out RM3.716 billion for the project.

Mr Wee had also said that for the purpose of Customs, Immigration and Quarantine (CIQ) clearance, a new CIQ facility would be built for passengers of the RTS Link, separate from the existing CIQ.

According to the revised bilateral agreements, the depot of the project has been switched from the existing Thomson-East Coast Line Mandai depot in Singapore to a new location in Wadi Hana in Johor Baru.

The RTS Link project was meant to be completed in 2024, but work was suspended. The suspension was extended three times at Malaysia's request.

On July 30 last year, Prime Minister Muhyiddin Yassin and his Singaporean counterpart Lee Hsien Loong attended the ceremony at the midway point of the Causeway that marked the resumption of the RTS project.

The project is now slated to be completed by end-2026.

The RTS is located within the Ibrahim International Business District (IIBD) encompassing over 100ha of the existing Johor Baru city centre, which is poised to become the next economic growth zone.

The IIBD is set to become the catalyst for explosive economic growth, propelling the city as a financial, health and technological hub.

An example of the close working relationship between the state and Singapore is the setting up of a Johor state trade office in the Republic.

The state capital is poised to complement Singapore and provide ample land and a cheaper workforce for many industries, where investors can either live in Johor Baru and commute or even set up their offices in Johor Baru.

Posted by Steady Punpipi > 2021-02-22 17:57 | Report Abuse

Good Sign attracting huge buying interests today...more to follow

Posted by Akukakijudi > 2021-02-22 19:15 | Report Abuse

Hampa betui punya canang

bahai4453

2,297 posts

Posted by bahai4453 > 2021-02-23 00:15 | Report Abuse

Good promotion works done by Steady Punpipi . Well done. Botak is going to award you 2 big baskets full of musang-king for your hard work....lol. cheer guys.

Posted by Steady Punpipi > 2021-02-23 08:27 | Report Abuse

We need team works to make it happen ...no one man show ...kikiki

Posted by Steady Punpipi > 2021-02-23 15:06 | Report Abuse

0.475 sales ending soon ...kikiki

meadow1628

1,084 posts

Posted by meadow1628 > 2021-02-23 15:42 | Report Abuse

SC, Bursa extend temporary suspension of intra-day short selling
Monday, 22 Feb 2021 9:38 PM MYT
https://www.thestar.com.my/business/business-news/2021/02/22/sc-bursa-extend-temporary-suspension-of-intra-day-short-selling

KUALA LUMPUR: The Securities Commission (SC) and Bursa Malaysia Bhd will extend the temporary suspension on intraday short selling (IDSS) and intraday short selling by proprietary day traders (PDT short sale) to Aug 29.

The temporary suspension of IDSS and PDT short sale is due to expire on Feb 28.

The suspension took effect on March 24 last year as part of the regulators’ proactive measures to mitigate potential risks arising from heightened volatility and global uncertainties.

“The additional six-month suspension of IDSS and PDT short sale, which are used mainly as a day trading strategy, will enable Bursa to enhance the control measures for intraday short selling activities in order to promote market stability and strengthen the integrity of the capital market, ” they said in a joint statement.

With this extension of the suspension, temporary waivers related to PDT will also be extended to Aug 29.

q12342

89 posts

Posted by q12342 > 2021-02-24 16:39 | Report Abuse

listen to steadypunpipi straght fly till holan steadypunpipi say airasia tp 0.35 wow now almost triple the amount RM0.9 DO WHAT AGAINST STEADYPUNPIPI DEFINELY WIN

Posted by Steady Punpipi > 2021-02-24 19:52 | Report Abuse

Hahaha ...pls proof when I say AA tp0.35...?
Pls do whatever you like ...I m not selling or promoting any irrational Goreng counters during PKP ...only fools chase

q12342

89 posts

Posted by q12342 > 2021-02-25 14:02 | Report Abuse

i like to see the way u retreat from airasia not even dare show face there because u basically just a toxic trash .maybe calling you trash also overated you worth less than a trash typically nothing just waste of resources for you to stay alive and talk shit

Posted by Steady Punpipi > 2021-02-25 16:12 | Report Abuse

hahaha ...q12342 your negative remarks from your comments basically cursing and bullying others ...negative karma will come to meet you soon or it oledi happened ?

Posted by Steady Punpipi > 2021-02-25 16:35 | Report Abuse

Makes lots of honey from MSM today ...my sugar daddy !!! Thank you !!!

aiaili

3,184 posts

Posted by aiaili > 2021-02-26 00:15 | Report Abuse

让我aiaili & uncle在这里祝大家 shadowz, bahai, swt, tecstock, kak birkin, kak merra, abg bursa, johnathan lam, kakijudi, k1, striker90, uncle66, badman, rogeri, asshole man, steady punpipi, tkl, meadow1628, miniminer, sunyata, khatuz and all of us「机会永远是留给有恒心的人」

aiaili

3,184 posts

Posted by aiaili > 2021-02-26 00:16 | Report Abuse

by the way we are all in this together「精诚所至 金石为开」

Posted by Steady Punpipi > 2021-02-26 09:50 | Report Abuse

0.465 holding well ....QR coming out today possibly ...Botak very busy now

Posted by Steady Punpipi > 2021-02-26 10:19 | Report Abuse

Sell sell sell b4 QR out!!!

khpwwl

3,477 posts

Posted by khpwwl > 2021-02-26 16:51 | Report Abuse

since i sold iwcity last year at 0.565, i think i made a good decision shift to other counters...now my all shares price are higher that iwcity...good luck guys....

Posted by Steady Punpipi > 2021-02-26 18:24 | Report Abuse

IWH is the largest shareholder of IWC with a 38.34% stake.

Lim is the largest shareholder of Ekovest with a direct stake of 20.18% and an indirect 12.19% stake through Ekovest Holdings Sdn Bhd. He also holds 63% of IWH through Credence Resources Sdn Bhd, while the rest is owned by Kumpulan Prasarana Rakyat Johor Sdn Bhd, a state-owned company. IWH owns about 4,300 acres of land, mostly in waterfront areas, in south Johor.

IWC owns about 1,000 acres of land in Tebrau, Johor. The company is in a joint venture with Greenland Group to develop about 127.92 acres. The land is being disposed of to Greenland Tebrau Sdn Bhd (GTSB).

IWC holds a 20% stake in GTSB while Greenland holds the remaining 80%.

Although IWC also has a huge land bank in prime waterfront areas in Johor, it has not been able to develop it quickly, due in part to the slow property market. In the financial year ended Dec 31, 2017, IWC’s earnings was supplemented by land disposals.

Recognition of the land sale to GTSB significantly improved IWC’s property development segment’s profit to RM165.7 million for FY2017, compared with RM1.8 million in FY2016. Without the land deal, IWC could have been in the red.

Posted by Steady Punpipi > 2021-02-26 19:55 | Report Abuse

DISPOSAL OF THREE (3) PIECES OF LAND MEASURING IN AGGREGATE APPROXIMATELY 127.92 ACRES HELD BY TEBRAU BAY SDN BHD (“TBSB”), A WHOLLY OWNED SUBSIDIARY OF IWCITY, LOCATED IN MUKIM PLENTONG, DISTRICT OF JOHOR BAHRU, STATE OF JOHOR, TO GREENLAND TEBRAU SDN BHD (“GTSB”) FOR A CASH CONSIDERATION OF RM2,373,079,016 (“DISPOSAL CONSIDERATION”) (“LAND DISPOSAL”)


127.92 acres sold at RM2,373,079,016. 1 acre = RM 18,551,274

BALANCE 1000 -127.92 = 872.08 ACRE

JB LANDBANK WORTH : 8722.08 X RM18,551,274 (peracre ) = rm 16,178,195,029.92

Posted by Steady Punpipi > 2021-02-26 20:57 | Report Abuse

BOTAKK now has access of rm2,373,079,016 cash after land disposal...question is how is the wiseman going to spent it? kikiki

Posted by Steady Punpipi > 2021-02-26 22:45 | Report Abuse

Due to the current extended MCO 2.0 till 4 March 2021 by the Government on specific States, the Board of Directors of IWCITY wishes to inform that the Company will utilise the said extension of time granted by Bursa Securities to release and submit its Quarterly Report for the period ended 31 December 2020 by 31 March 2021.

Posted by Steady Punpipi > 2021-02-26 22:45 | Report Abuse

More time to consolidate and collect

Posted by Akukakijudi > 2021-02-27 10:26 | Report Abuse

Hutang from Greenland when to collect back

Posted by Steady Punpipi > 2021-02-28 20:26 | Report Abuse

KENYATAAN MEDIA AHLI PARLIMEN TEBRAU

Hari ini saya mengisytiharkan sokongan saya kepada YAM Perdana Menteri oleh sebab beliau faham dan setuju dengan keperluan saya untuk ada akses kepada dan berjumpa dengan semua menteri dan ketua agensi Kerajaan untuk membangkitkan dan cuba menyelesaikan isu-isu rakyat yang selama ini disampaikan kepada saya melalui pelbagai saluran.

Isu banjir kawasan, Isu pembuangan sampah haram, Isu along yang bertambah teruk, Isu scam yang bertambah teruk, Isu PPR dan Rumah Pangsa Kos Rendah/Murah, Isu perlesenan berjenis-jenis di peringkat persekutuan, negeri dan pihak berkuasa tempatan yang menghalang kemasukan pelaburan asing, isu pencemaran sungai, Isu dan masalah perusaha kecil dan sederhana, isu pekerja asing dan tempatan semua harus ditangani dengan secepat mungkin.

Saya berharap dengan pengalaman saya sebagai akauntan, juruaudit luar dan dalaman, agen cukai dan perunding perniagaan selama 40 tahun, saya boleh bekerjasama dengan semua menteri dan agensi Kerajaan untuk mencari penyelesaian untuk isu-isu tersebut.

Saya sudi membantu mana-mana pihak Kerajaan khususnya di dalam bidang kepakaran saya. Sekiranya dipanggil, saya sudi bekerjasama dengan Kementerian Kewangan untuk mencari atau merancang atau merangka sistem percukaian supaya hasil kutipan cukai akan meningkat dan pada masa yang sama tidak membebankan kumuniti perniagaan dan rakyat.

Saya berharap juga menjadi orang tengah atau jambatan (bridge) di antara Kerajaan dan komuniti perniagaan supaya isu-isu rakyat dapat perhatian Kerajaan.

Steven Choong
Ahli Parlimen Tebrau

Posted by Steady Punpipi > 2021-02-28 20:27 | Report Abuse

Tebrau teguh ...Heng Omg Huat Arrrr

Posted by Steady Punpipi > 2021-03-01 17:08 | Report Abuse

0.47 closing holding up well...

Posted by Steady Punpipi > 2021-03-01 17:09 | Report Abuse

This beast is rising up ...gonna test 0.50 level soon

Naz90

72 posts

Posted by Naz90 > 2021-03-02 10:50 | Report Abuse

IWC got project in kuantan ? saw their official heli juz now in kuantan

Posted by Steady Punpipi > 2021-03-02 12:40 | Report Abuse

Positive Announcement yet to come ...Heng Ong Huat Arr

Posted by Steady Punpipi > 2021-03-02 18:56 | Report Abuse

0.47 moving average holding up quite well for the pasts few days

newbie9893

2,366 posts

Posted by newbie9893 > 2021-03-02 19:13 | Report Abuse

price will stay at 0.46- 0.48 for next two months..just buy & keep

SWT1988

1,347 posts

Posted by SWT1988 > 2021-03-02 19:39 | Report Abuse

M still waiting below 0.40 except got catalyst to goreng construction counter

Posted by Steady Punpipi > 2021-03-02 20:10 | Report Abuse

Hahaha you can wait ....while l m loading up my lorry slowly

meadow1628

1,084 posts

Posted by meadow1628 > 2021-03-02 23:25 |

Post removed.Why?

Posted by Steady Punpipi > 2021-03-05 08:48 | Report Abuse

By WONG CHUN WAI
NATION
Monday, 22 Feb 2021


In the works: The construction site for the Johor Baru-Singapore Rapid Transit System (RTS) Link Project’s Bukit Chagar station, with a view of an under construction tower block under Coronation Square, which will be linked to the RTS station. — GLENN GUAN/The Star

JOHOR BARU: The state is slated to boom further by the next five years with the completion of the Rapid Transit System (RTS) Link which will take commuters only five minutes to reach Singapore, says the Ruler of Johor.

Sultan Ibrahim Ibni Almarhum Sultan Iskandar (pic) said he had been informed that the RTS Link was expected to carry up to 300,000 passengers a day.

“It will dramatically put Johor as a strategic link to Singapore on another level.

“Travelling between Johor and Singapore will become much easier and faster. I am looking forward to the RTS, ” he said in an interview in conjunction with Chinese New Year.

His Majesty said the prices of properties would go up as RTS would make living and working in Johor more conducive for both sides.

“There is mutual benefit from RTS as the link will lessen the pressure on space in Singapore. It will further integrate the two communities.

“Johor hopes to offer itself as a technological and medical hub. There is enormous potential, ” he added.

He also said that there would be a stronger boost to the hotel, hospitality and tourism sectors in Johor.

Transport Minister Datuk Seri Dr Wee Ka Siong had said that out of the 4km line connecting Bukit Chagar in Johor Baru and Woodlands in Singapore, an elevated stretch of 2.7km would stand within Malaysian boundary.

The line would go underground as it reached Singapore, said Dr Wee.

With a capacity of up to 10,000 passengers per hour per direction, the RTS Link is expected to carry up to 300,000 passengers a day.

The journey time will be only five minutes and during peak hours, trains will commute at an interval of 3.6 minutes.

The Sultan of Johor said the RTS would bring huge economic benefits to Johor and put an end to the long-standing traffic congestion problem at the Causeway.

“There will also be spin-off effects from the construction of the RTS as thousands of jobs will be created for Johoreans, especially local contractors and suppliers, ” he said.

The total cost of the RTS project, which was earlier suspended at Malaysia’s request, is estimated at RM10bil (S$3.24bil).

Both governments have agreed to a split of 61:39, with Malaysia forking out RM3.716bil for the project.

Dr Wee had also said that for the purpose of customs, immigration and quarantine (CIQ) clearance, a new CIQ facility would be built for passengers of the RTS Link, separate from the existing CIQ.

According to the revised bilateral agreements, the depot of the project has been switched from the existing Thomson-East Coast Line Mandai depot in Singapore to a new location in Wadi Hana in Johor Baru.

“This depot is jointly owned by Malaysia and Singapore. It will be cordoned off, a secured area. It’s well protected, ” Dr Wee said.

The RTS Link project was meant to be completed in 2024, but work was suspended.

The suspension was extended three times at Malaysia’s request.

On July 30 last year, Prime Minister Tan Sri Muhyiddin Yassin and his Singaporean counterpart Lee Hsien Loong attended the ceremony at the midway point of the Causeway that marked the resumption of the RTS project.

The project is now slated to be completed by end 2026.

The RTS is located within the Ibrahim International Business District (IIBD) encompassing over 250 acres of the existing Johor Baru city centre, which is poised to become the next economic growth zone.

The IIBD is set to become the catalyst for explosive economic growth, propelling the city as a financial, health and technological hub.

An example of the close working relationship between the state and Singapore is the setting up of a Johor state trade office in the republic.

The state capital is poised to complement Singapore and provide ample land and cheaper workforce for many industries where investors can either live in Johor Baru and commute or even set up their offices in Johor Baru.

TAGS / KEYWORDS:
Johor Baru , Sultan Of Johor , RTS , Singapore , Ibrahim International Business District

Harryww

106 posts

Posted by Harryww > 2021-03-05 12:33 | Report Abuse

Q result out today?

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