Many still holding on at >Rm7 •••few weeks ago ...how to recover ?

Retest 0.50 soon ...looks like glove sellers swarming into construction stocks play...Wiseman says

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

0.47 closing holding up well...

trap ikan billis

My uncle says Iwcity will rise higher than Ekovest ...wait n see

Tebrau teguh ...Heng Omg Huat Arrrr

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

More time to consolidate and collect

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.

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

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

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.

Sell sell sell b4 QR out!!!

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

0.470 holding well the worst may be over as it is already priced in ....next QR will be better !

Genting registers RM1bil loss in 2020, flags highly uncertain year ahead
CORPORATE NEWS
Thursday, 25 Feb 2021

Uncle Botak losing more hair ...kikiki

QR is out ...profits.

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

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 ?

Buy buy buy ...chase chase chase ....cry cry cry

Buy Buy Buy ...chase chase chase

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

Good holding level ...0.475

Lucky took profit earlier

No eye see this is second joint land ventures being called off ....wtf

0.475 sales ending soon ...kikiki

Property counters Goreng 2021 ....kikiki

http://www.propertyhotlaunch.com/wp-content/uploads/2014/07/1486_Botanika_A3_v1-brochure.pdf

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

Now attracting buying climate ....those who can't hold ...pls sell ...penny wise pound foolish

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

-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.


IWCITY OWNS HUGE LANDBANK NEARBY RTS ....HENG ONG HUAT ARRR

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.

Go Sister Iwcity ...!

Wah Lau....IWCITY more hot than Ekovest ! Now 0.490 !!!

0.490 day high

0.465 sales ending ...soon

https://www.freemalaysiatoday.com/category/nation/2021/02/20/rts-line-takes-a-fast-track-to-growth/

https://www.thestar.com.my/news/nation/2021/02/21/sultan-to-personally-drive-investments-into-johor

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

IWCITY HENG ONG HUATT ARRR!!!

Rm 0.50 easy TP ....stand by some bullets for sister IWCITY too

https://www.theedgemarkets.com/article/progress-rts-link-project-track-says-mrt-corp-ceo

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

https://www.straitstimes.com/asia/se-asia/malaysia-announces-winning-design-for-johor-spore-rts-link-station

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

Relax cool ....flush out weak holders first ma

50/50 Iwcity and Ekovest ...never go wrong ..

Hahaha ...This is a golden opportunity to collect and hold at below 0.50..few weeks ago many bought above 0.50 ..huhuhu