Posted by warchest > Jan 13, 2021 9:21 PM | Report Abuse

As from the letter dated 2 October 2020 to Eco World Development Group Berhad sent by UEM Group, it was stated in one the conditions precedent that the Proposed Merger conditional upon the shareholders agreement entered between Tan Sri Dato' Liew Kee Sin ("TSDLK"), Eco World and Guocoland Limited amongst other their shareholdings in EWINT being terminated, becoming ineffective, amended ot waived in order for them to participate in the Proposed Merger

It means now that the major shareholders solidify their commitments to continue to grow the business of EWINT

Posted by warchest > Jan 13, 2021 9:23 PM | Report Abuse

That is one of the reasons why EWINT is trading almost at all time low

Posted by warchest > Jan 13, 2021 9:24 PM | Report Abuse

And the proposition by UEM no longer attractive with the called-off of HSR

Posted by warchest > Jan 13, 2021 9:35 PM | Report Abuse

As the biggest land owner with 9,000 acres of land, major property overhang in Johor is a big concern. HSR project supposed to be a saving grace for UEM. The merger benefits UEM more than EcoWorld as it can tap into its expertise in building community centric townships

Posted by Bennychua007 > Jan 13, 2021 10:48 PM | Report Abuse

Hopefully no more dropped..Is time to rebound soon

Posted by freddiehero > Jan 13, 2021 11:04 PM | Report Abuse

yes, hope don't drop..

Posted by ivanlau > Jan 15, 2021 8:57 PM | Report Abuse

this stock really bring a lot of tyxxp fans go into holland..............

Posted by Steady Punpipi > Jan 17, 2021 3:08 PM | Report Abuse

This is Dead Cat never bounce like EcoWorld. Share price used to be higher than EcoWld before !

Posted by Steady Punpipi > Jan 17, 2021 3:09 PM | Report Abuse

Sold all and Buy Uems ....RTS back in construction

Posted by Steady Punpipi > Jan 17, 2021 3:12 PM | Report Abuse

Look awful at the 10 year chart ...keeps dropping to new low ..really dead cat no bounce !

Posted by ACV2916 > Jan 19, 2021 8:37 AM | Report Abuse

Wake up.... It's time to catch up the train.

Posted by sims > Jan 20, 2021 1:42 PM | Report Abuse

its a lost of opportunity, if you put majority of your capital here.

while you focus on EWINT, Tech counter already multiply 2-3 times, even steel last month also multply 2-3 times.

Bear in mind, Q1 2021 Wardian london handover might still had some hiccup (if ur compare Q3 & Q4, 2020 presentation slide),
and no news on Yarra One.

Btr also relaunch in 2021.

Mar 21, come bck and visit, still able to get a good price of EWINT

Posted by ACV2916 > Jan 22, 2021 10:27 PM | Report Abuse

Engine started... Vroom...