I got the feeling that Ekov and Iwc will merge and privatisation from China Construction company...it seems LKH is very weak among the other construction peers ...better for him to retire early like Vincent ..
approximately RM774.62 million through the issuance of 911,323,376 new irredeemable convertible preference shares in Ekovest ("ICPS") at an issue price of RM0.85 per ICPS
Current Issued share : 2,695,828,002 PS to OS : 911,323,376 Total Share based : 3,607,151,378
Imagine that after converted to OS. IWH has 25% holding of total share issued by Ekovest. Another way to make IWH easily owning such huge shareholding of ekovest.
IWH prospect is very bad. The landbank in Johore Malaya is not worth already. No HSR, no FDI, no influx of capitals, no tourists, no population. The economy in Malaya is sluggish at the through. EKOVEST should not purchase the land.
LKH is now having difficulty to list IWH. No corner stone investor want to invest in this company Kosong. No point to have huge landbank while cannot unlock the value.
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 > 2021-04-14 16:29 | Report Abuse
Go ask LKH ..better resign ..his face annoys me