Yes, all will be announced before GE14.

One of the EGM resolutions is to authorize EKO to buy IWC shares from open market before the close of proposed offer. Therefore, EKO will only buy from open market after approved by shareholders in EGM.

Eko want to buy in cash.

The deal is going on. EGM 29/3.

Anyway, by today or Monday, they need to tell us what is going on for IWC deal.

Ang, yes, they have to.

If cancel is good news or bad news?

IWH will go for listing

One thing u all might not noticed. Every one IWC share held by Ekovest Can be converted to IWH shares when IWH go for listing. At the end Ekovest will share whatever IWH has.

Veda, I don’t know. Can check from DBKL website?

Veda, the approved project awarded to IWH-CREC?

Ang, Tuesday not the last day lar. Veda, really?

For sure given back to CREC.

Today I saw Duke Highway traffic jam.

The Board said will table the acquisition of IWC in Mid February or earlier, but nothing happened.

Share swap only make sense if Ekovest share price above 1.50

Logic, how do you know?

Best Buy, I think this is an old article. Before Duke 2 was completed.

This already a Public info. No longer a insider news.

Continue collecting. Good sign.

Mr Khoo is not selling to the open market, but is a “direct business transaction” to person that we don’t know yet. So his selling will not directly affect the share price.

He is no longer a substantial shareholder, from now onwards if selling also no need to declare.

Local retailer still keeping and institutions are buying, then who are selling?

LKC said the Working Group need 2 weeks to review.

Lim Family 60%, IH 25%, retailers only left 15%.

Mr Khoo didn’t sell in open market, but through “direct business transaction”. I don’t know what does that mean, should be something like “private arrangement”.

Ekovest-IWC-IWH-CREC

Halite, no need to keep for 2 years, right?

Why price still not up with good news?

Why price still not up with good news?

Sold too fast. Should wait for the results...

Institutions keep buying but price still didn’t go up.

China Press also doesn’t understand the announcement.

I didn’t say the deal “went through”, I said “proceed”, means the the deal was not cancelled.

This quarter profit can be maintained mainly contributed by property development.

Now waiting IWC to announce results.

Will drop further?

Ekovest appointed adviser and valuer, means will proceed with the acquisition.

Announced already, will proceed with the take-over.

I think the RM209m has been recognized earlier. However, the cash flow can generate some income.

Once IWC show a good profit from the disposal of land, ppl will know the takeover is worthy.

Did you ask questions?

Keep on buying...

Wilson, looks like you were in the AGM. Anything discussed about the merger?

Anyone in AGM?

Anyone attend the AGM? Hopefully can post the Management’s response on the merger here. Thank you.

So the institutional now is at the peak even before the crash in price?

I think is 2.88 million shares, not 20 million.

May be touched they cut loss point.

Gabriel, the land disposal gains not taken into accounts yet?