On behalf of the Board of Directors of IWC, AmInvestment Bank Berhad, CIMB Investment Bank Berhad, Maybank Investment Bank Berhad and RHB Investment Bank Berhad wish to announce that Bursa Malaysia Securities Berhad (“Bursa Securities”) has approved the Company’s request for suspension of trading of the Company’s shares with effect from 9 a.m, Thursday, 4 May 2017 to 5.00 p.m., Friday, 5 May 2017.

The request for suspension is made under subparagraph 3.1(a)(ii) of Practice Note 2 on Requests for Suspension of the Main Market Listing Requirements of Bursa Securities (“Listing Requirements”) pursuant to the receipt of a letter from Iskandar Waterfront Holdings Sdn. Bhd., who is the major shareholder of IWC, informing the Company of its intention to undertake a restructuring exercise, which involves the Company.

This announcement is dated 4 May 2017.

now cut 4c is meaningless liao, near to bottom

this kind of counter should avoid catching falling knife when start breaking down 10c

from 11.5c to 4c , purely pump and dump by grouped traders

havent selling climax, buy now consider high

once IWCITY reopen , EKOVEST another round of selling.

IW City suspended after MoF calls off deal, Ekovest under pressure
BY JOSEPH CHIN



KUALA LUMPUR: Trading in the securities of Iskandar Waterfront City Bhd (IWCity) is believed to have been voluntarily suspended on Thursday after the Ministry of Finance (MoF) called off the Bandar Malaysia deal.

However, another related company, Ekovest saw its share price falling to a low of RM1.01 after the disappointing news.

At 9.04am, Ekovest was down 19 sen to RM1.24 with 34.15 million shares done.

The FBM KLCI fell 7.33 points or 0.41% to 1,765.18. Turnover was 158.25 million shares valued at RM79.77mmil. There were 89 gainers, 182 losers and 239 counters unchanged.

IWCity’s parent is Iskandar Waterfront Holdings Sdn Bhd (IWH). IWH’s joint venture with China Railway Engineering Corp (M) Sdn Bhd (CREC) was affected by the MoF’s TRX City Sdn Bhd move to declare that the share sale agreement had been aborted.

TRX City had on Wednesday announced the agreement entered between the Government through TRX City with the JV had lapsed.

The stock, which was at its highest at RM3.22 on Tuesday, ended yesterday with more than 13.35 million shares being traded.

On a year-to-date basis as of Tuesday’s price, IWC was up a staggering 282.61%.

The upward trajectory has been mainly due to the euphoria on IWH taking over the listing status of IWC.

The value creation seen by investors was that the listed company would sit on prime Bandar Malaysia land.

Bandar Malaysia is the crown jewel, a 20-year development plan spanning over 483 acres located right in the heart of Kuala Lumpur with a gross development value of some RM200bil.

Hence, IWC shares were viewed as a long-term proxy for the appreciation of central business district land in Johor Baru and Kuala Lumpur by Credit Suisse recently.

It was also referred to as the world’s best-performing small-cap stock this year, as the property company announced plans to raise as much as RM5bil via convertible bonds, mainly to develop the real estate that it’s acquiring, according to executive vice-chairman Tan Sri Lim Kang Hoo in April.

In March, it was announced that IWC was the target of a reverse takeover by Lim and his business associates, including the Johor Sultan, where the new-look IWH would have a total of 7,400 acres of land.

This is equivalent to about nine times New York City’s Central Park.

At the point of takeover, the stock was valued at 3.7 times its book value, excluding the land acquisitions via the takeover.

TRX City S/B announced that the Bandar Malaysia development agreement with the consortium of Iskandar Waterfront Holdings S/B and China Railway Engineering Corp has lapsed.

macam break rosak, so high liao wor

pump dump counter

hoseh then

holland buy @ 60c

OPEN 2.30?

hoseh

TOMYPAK HOLDINGS BERHAD ("TOMYPAK" OR THE "COMPANY")

(I) PROPOSED SHARE SPLIT; AND
(II) PROPOSED BONUS ISSUE

(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")
On behalf of the Board of Directors of Tomypak, RHB Investment Bank Berhad wishes to announce that the Company proposes to undertake the following:

(i) proposed share split involving the subdivision of every 1 existing ordinary share in Tomypak (“Share”) into 2 ordinary shares in Tomypak (“Subdivided Share(s)”) held by the shareholders of the Company whose names appear in the Record of Depositors of the Company as at the close of business on an entitlement date (“Entitled Shareholders”) to be determined and announced later (“Entitlement Date”); and

(ii) proposed bonus issue of up to 111,556,120 new Shares (“Bonus Share(s)”) on the basis of 1 Bonus Share for every 4 Subdivided Shares held by the Entitled Shareholders on the Entitlement Date.

Further details on the Proposals are as attached.

This announcement is dated 5 April 2017.

2.18 now, heading to 2.20 - 2.30

wah hoseh, TOMY break high

hero666 , hold

up down up down, can play ranging

one day affair only, buy low sell high, no holding / carry overnight

one day affair only, buy low sell high, no holding / carry overnight

yaya, one day affair, dont hold too long

FIFO only pls

one day affair again?

ifca can always collect low, so don't chase high lo, collect low lesser risk

very boring counter la, no excitement

everyday also same range

ikan bilis one day can become Jack Ma too

if u sold the business to me, and u kena sue, then nothing to do with me lah

sue the ex owner of appasia, nothing to do with appasia

is APPASIA sue other people la

Further to the Company’s announcements made on 7 April 2016, 6 May 2016, 22 August 2016, 5 September 2016, 13 October 2016 and 20 February 2017 respectively.

The Board of Directors of AppAsia wishes to inform that the Company had on 22 March 2017 received a letter from the Company’s Solicitors informing that the hearing of the Creditor’s Petition at the Kuala Lumpur High Court has been postponed to 24 April 2017 to enable the Company’s Solicitors to attend to the Creditors’ Petition by way of substituted service at the last known address of the Judgment Debtor.

Further announcement on the development will be made to Bursa Malaysia Securities Berhad in due course.

This announcement is dated 23 March 2017.

talk for fun is it Faizal?

41-42c mostly collected back by operator, thanks traders

those traders buy high sell low, they think APPASIA will follow EFFICEN pattern so they eat , but at the back no buyers. hence end up cutting loss

congrat AFFINHWANG and RHB-OSK traders buy high sell low in Appasia.

today rebound, but most likely short-life , sell when high will do, then collect back low

like this mah HOSEH

DATAPRP , EFFICEN all up crazy

The Board of Directors of the Company wishes to announce that the Company has today received the attached press notice from Mercury Securities, on behalf of the Joint Offerors, informing that the closing date and time for acceptance of the Offer has been extended from 5.00 p.m. (Malaysian time) on 24 March 2017 to 5.00 p.m. (Malaysian time) on 7 April 2017. Notice of the said extension will be despatched to the Holders accordingly.

Please refer to the attached press notice for further details.

This announcement is dated 22 March 2017.

42c how come did so many volume one?

avoid KPS, falling knife

limited downside, at least it worth 8c

11c seller most likely are traders, they don't want to carry position, hence they disposed

u download this and read http://www.bursamalaysia.com/market/listed-companies/company-announcements/5363725

Loss-making Iris Corp Bhd has announced a corporate restructuring plan which includes refocusing its core business to trusted identification solutions as well as raising additional funds via private placement exercise and divesting non-core businesses that include property development, education and a waste-to-energy plant. These noncore businesses are all currently loss making. (The Edge Daily)

the offer closed on 24th March

taking profit has no wrong

2016 annual report page 89, big land in hand.... this the reason to take over

if the offer rejected by minority shareholders, the offer price will higher

Tanco: Minority shareholders urged to reject offer. Tanco Holdings’ independent directors and adviser have advised minority shareholders to reject the takeover offer by the company’s major shareholders. In a circular posted to the exchange, independent adviser BDO Capital Consultants SB deemed the proposed takeover offer as “not fair but reasonable”. “Although the offer can be deemed reasonable, BDO is of the view that the ‘not fair’ view outweighs the ‘reasonable’ view, as the share offer price and RCN offer price represent a significant discount of 73.4% against the estimated fair value per offer share of 30.54 sen and the estimated fair value per offer RCN of RM6.108, respectively. Accordingly, BDO recommends that shareholders reject the offer,” BDO said. (StarBiz)