IWCITY is related to Bandar Malaysia. Refer study note #5 below.
BANDAR MALAYSIA, THE LARGEST DEVELOPMENT PROJECT EVER. Bandar Malaysia is Malaysia’s biggest development project in Malaysian history. It has a Gross Development Value (GDV) of RM140 billion. INTEGRATED DEVELOPMENT. The RM140 billion integrated development will feature integrated components covering finance, technology, medical science, education, tourism and entrepreneurship, as well as being an intelligent city. RESTART PROJECT IN 2021. The Bandar Malaysia was slated to begin in March 2020, but had been delayed due to Covid-19 Project Master Developer. It is expected to restart in 2021 – exact month and date to be announced. MR. LIM KANG HOO, EKOVEST, IWCITY. Refer figure above for shareholding structure: Bandar Malaysia’s master developer is Bandar Malaysia Sdn Bhd. IWH-CREC owns 60% of Bandar Malaysia Sdn Bhd. Iskandar Waterfront Holdings owns 60% of IWH-CREC. Mr. Lim Kang Hoo owns 63% of Iskandar Waterfront Holdings. Lim is the controlling shareholder of both IWH and Ekovest - He holds a 63% stake in IWH and a 32.4% stake in Ekovest. ‘With the estimated gross development value of RM140 billion for Bandar Malaysia, Ekovest must have participation with IWH together with CREC,’ Mr. Lim Kang Hoo told The Edge in an interview on September 16.
Temporally shift your attention to IT and semiconductor counters for profit, guys. Dnex and JFtech look very potential. No buy or sell call , just my opinion.... cheer guys.
Botak counter still have to wait for sometimes for good news to surface. I just leave my shares here and look else for profit....lol. cheer folks and have very lucky and happy CNY.
For those operators behind, I need to informed you I have bought a lot below 0.475. Of course my target is to become 30th largest shareholders here. Keep doing short sell then you are playing with fire.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Steady Punpipi
7,570 posts
Posted by Steady Punpipi > 2021-02-16 10:43 | Report Abuse
Those eager to sell now ...let them be ...hopefully no need to buy back higher later...lolzzz