ISKANDAR WATERFRONT CITY BERHAD

KLSE (MYR): IWCITY (1589)

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Last Price

0.80

Today's Change

-0.015 (1.84%)

Day's Change

0.795 - 0.825

Trading Volume

27,862,400


30 people like this.

34,572 comment(s). Last comment by turbochart 2 hours ago

Lousy

644 posts

Posted by Lousy > 2019-12-03 16:33 | Report Abuse

This counter is the best suddenly Chong then stop then kill all the contra player then Chong again lol

mmf2332

451 posts

Posted by mmf2332 > 2019-12-03 17:31 | Report Abuse

Big shark earn money is like that. Push up, sell to ikan bilis. Then let it go.

Posted by khatulistiwa1234 > 2019-12-03 17:56 | Report Abuse

Squeeze you nicely .

Posted by BaybieShark > 2019-12-03 18:16 | Report Abuse

From today's news look like botak confirm get Bandar Malaysia

khpwwl

3,405 posts

Posted by khpwwl > 2019-12-03 18:34 | Report Abuse

BM project is confirmed get by botak, but why the share price still not fly, 1 of the reason is, botak not enuf shares to goreng..... Hahaha

6044

123 posts

Posted by 6044 > 2019-12-03 18:46 | Report Abuse

Another news to buy time out again. Same stock moving pattern again and again and again until final concrete news.

Alan Lobster

7,570 posts

Posted by Alan Lobster > 2019-12-03 18:48 | Report Abuse

now the edge and china press has confirms the IWH IPO next year ....no reason not to invest kau kau....

Ameera

2,921 posts

Posted by Ameera > 2019-12-03 18:48 | Report Abuse

But when new out this counter will drop

Alan Lobster

7,570 posts

Posted by Alan Lobster > 2019-12-03 19:12 | Report Abuse

tml let’s see it’s an uptrend or downtrend ....i believe Big Sharks appetite has grown bigger

Alan Lobster

7,570 posts

Posted by Alan Lobster > 2019-12-03 19:20 | Report Abuse

IWH-IWCity merger still on, up to RM6bil in funds may be raised
Read more at https://www.thestar.com.my/business/business-news/2017/05/05/assets-worth-rm4pt3bil-to-be-injected-into-the-merged-iwh-iwcity#z1KcHfsEYXFBzXye.99

possible IWH merger with IWcity round 2

coolinvestor

1,229 posts

Posted by coolinvestor > 2019-12-03 19:43 | Report Abuse

taken from the article above:

"The proposed merger is part of the IWH group’s proposed rationalisation and restructuring exercise that also involves a 1-into-2 IWCity share split and IWH buying the remaining 61.7% stake in IWCity at RM1.50 per IWCity share, to be satisfied by issuing IWH shares on the basis of one new IWH share for one existing IWCity share"

iwcity share is split into 2 and buying at rm1.5 per share

does this means the article is saying iwcity share at that time is rm3 ?

coolinvestor

1,229 posts

Posted by coolinvestor > 2019-12-03 19:44 | Report Abuse

interesting indeed

khpwwl

3,405 posts

Posted by khpwwl > 2019-12-03 20:04 | Report Abuse

Can iwh just take over iwcity?

khpwwl

3,405 posts

Posted by khpwwl > 2019-12-03 20:06 | Report Abuse

And just change name to iwh....

tzjz2017

91 posts

Posted by tzjz2017 > 2019-12-03 20:26 | Report Abuse

I think tmr will gap up

Alan Lobster

7,570 posts

Posted by Alan Lobster > 2019-12-03 20:27 | Report Abuse

anything is possible ...merger , change name , privatization, .....etc . Botak likes to make u guess and later may suspend the shares tml and gives you suprises ...

aiaili

3,184 posts

Posted by aiaili > 2019-12-03 21:27 | Report Abuse

Ameera But when new out this counter will drop
03/12/2019 6:48 PM
dont be stupid la kak meera lol..

aiaili

3,184 posts

Posted by aiaili > 2019-12-03 21:27 | Report Abuse

i am waiting.. this day very long already..

aiaili

3,184 posts

Posted by aiaili > 2019-12-03 21:28 | Report Abuse

summer christmas is coming liao lol..

aiaili

3,184 posts

Posted by aiaili > 2019-12-03 21:28 | Report Abuse

and all santa claus stand by around..

aiaili

3,184 posts

Posted by aiaili > 2019-12-03 21:29 | Report Abuse

and i will be come 大富婆 uncle said..

aiaili

3,184 posts

Posted by aiaili > 2019-12-03 21:30 | Report Abuse

lol..

stncws

10,492 posts

Posted by stncws > 2019-12-03 21:31 | Report Abuse

IWCITY GAP UP 9AM...RM1.3

Alan Lobster

7,570 posts

Posted by Alan Lobster > 2019-12-03 21:46 | Report Abuse

many hungry BIG SHARKS out there waiting to collect more ...tml u will see the effects

aiaili

3,184 posts

Posted by aiaili > 2019-12-03 21:55 | Report Abuse

by the way, i am only a babe shark lol..
i am full collected iskandar sampai smua panties pon sudah pawned liao lol..

aiaili

3,184 posts

Posted by aiaili > 2019-12-03 21:58 | Report Abuse

by the way, i am getting warm in this coming winter lol..

aiaili

3,184 posts

Posted by aiaili > 2019-12-03 22:00 | Report Abuse

again btw.. even without pantie at all lol..

Posted by Akukakijudi > 2019-12-03 22:45 | Report Abuse

If iwcity is worth rm3 ppl will definetely support the merger. Hehe



coolinvestor taken from the article above:

"The proposed merger is part of the IWH group’s proposed rationalisation and restructuring exercise that also involves a 1-into-2 IWCity share split and IWH buying the remaining 61.7% stake in IWCity at RM1.50 per IWCity share, to be satisfied by issuing IWH shares on the basis of one new IWH share for one existing IWCity share"

iwcity share is split into 2 and buying at rm1.5 per share

does this means the article is saying iwcity share at that time is rm3 ?

aiaili

3,184 posts

Posted by aiaili > 2019-12-03 23:23 | Report Abuse

oh.... very sleepy....
good night everybody lol....

Kawkaw

858 posts

Posted by Kawkaw > 2019-12-03 23:31 | Report Abuse

Wow makes money

Lousy

644 posts

Posted by Lousy > 2019-12-04 00:22 | Report Abuse

Dow open drop 400 wonder tmr opening will drop how much :(

tebrauteguh

1,399 posts

Posted by tebrauteguh > 2019-12-04 07:00 | Report Abuse

A little take away on the previous(2017) jump.

Real action took place
~2 Mar'17 Price opened at 1.29, peaked at 1.41 and closed at 18mil shares traded.

3/3/17 opened at 1.45 peaked at 1.77 and closed at 1.64. 63mil shares traded.

4 and 5 Mar Weekend
6-8 Mar IWC requested Suspension. This is after BM euphoria. If IWC is not related to BM, why would they suspend the share? I dont have answer for it.

9/3/17(Thur) opened at 1.58, peaked at 1.76 and closed at 1.81. 85mil shares traded
.
10/3/17 opened at 1.82, peaked at 2.28 and closed at 2.28. 114mil shares traded.

13/3/17 (Mon) opened at 2.75, peaked at 2.93 and closed at 2.57. 128mil shares traded.

14/3/17 opened at 2.61, peaked at 2.90 and closed at 2.80. 135mil shares traded.

Hovered around 2.80 for 2 weeks before jump above 3.00

Posted by Akukakijudi > 2019-12-04 07:52 | Report Abuse

Dow drop LKH up

Posted by Akukakijudi > 2019-12-04 09:09 | Report Abuse

Go up fast come down even faster

Lousy

644 posts

Posted by Lousy > 2019-12-04 09:30 | Report Abuse

Up no down

Posted by Bursalord888 > 2019-12-04 09:40 | Report Abuse

IWH said to be revisiting IPO plan

www.thestar.com.my

PETALING JAYA: Iskandar Waterfront Holdings Sdn Bhd (IWH), a company that will partly fund the billion-ringgit Bandar Malaysia project, is said to be revisiting its proposal for an initial public offering by next year.

The potential listing of IWH, a company controlled by is Tan Sri Lim Kang Hoo (pic), was still in early discussion stage as the Bandar Malaysia project involved two governments, according to a source.

While the timeline for the IPO has yet to be finalised, the source said the listing would involve the first proposal by IWH, which would include Bandar Malaysia.

Earlier, Bloomberg reported that the potential listing of IWH could fetch a valuation of about RM30bil.

Sources told Bloomberg the move was partly to help fund the US$33.5bil (RM140bil) Bandar Malaysia project.

Notably, the Bandar Malaysia project was started by 1MDB but it was shelved when the troubled state fund struggled to finance the development amid investigations.

IWH and China Railway Engineering Corp almost took over the project, but the deal was cancelled due to a dispute over payments in 2017.

In April this year, the government gave the developers another chance to revive the project.

Bloomberg said an IWH representative could not immediately comment on the matter. It said discussions were early and the company might decide not to proceed with the plan.

Notably, back in March 2017, IWH had proposed to take over the listing status of Iskandar Waterfront City Bhd (IWC) through a share swap between the two.

IWH is 63%-owned by Lim through his private company Credence Resources Sdn Bhd, while the remaining shares are held by Kumpulan Prasarana Rakyat Johor (KPRJ).

IWH holds a 38.34% stake in IWC that has 1,072 acres mainly located in Tebrau, Johor.

The proposal was later shelved after the Ministry of Finance Inc nixed the mandate that was given to a consortium comprising IWH and China Railway Engineering Corp (M) Sdn Bhd to develop Bandar Malaysia.

Posted by Bursalord888 > 2019-12-04 09:41 | Report Abuse

IWH said to be revisiting IPO plan

www.thestar.com.my

PETALING JAYA: Iskandar Waterfront Holdings Sdn Bhd (IWH), a company that will partly fund the billion-ringgit Bandar Malaysia project, is said to be revisiting its proposal for an initial public offering by next year.

The potential listing of IWH, a company controlled by is Tan Sri Lim Kang Hoo (pic), was still in early discussion stage as the Bandar Malaysia project involved two governments, according to a source.

While the timeline for the IPO has yet to be finalised, the source said the listing would involve the first proposal by IWH, which would include Bandar Malaysia.

Earlier, Bloomberg reported that the potential listing of IWH could fetch a valuation of about RM30bil.

Sources told Bloomberg the move was partly to help fund the US$33.5bil (RM140bil) Bandar Malaysia project.

Notably, the Bandar Malaysia project was started by 1MDB but it was shelved when the troubled state fund struggled to finance the development amid investigations.

IWH and China Railway Engineering Corp almost took over the project, but the deal was cancelled due to a dispute over payments in 2017.

In April this year, the government gave the developers another chance to revive the project.

Bloomberg said an IWH representative could not immediately comment on the matter. It said discussions were early and the company might decide not to proceed with the plan.

Notably, back in March 2017, IWH had proposed to take over the listing status of Iskandar Waterfront City Bhd (IWC) through a share swap between the two.

IWH is 63%-owned by Lim through his private company Credence Resources Sdn Bhd, while the remaining shares are held by Kumpulan Prasarana Rakyat Johor (KPRJ).

IWH holds a 38.34% stake in IWC that has 1,072 acres mainly located in Tebrau, Johor.

The proposal was later shelved after the Ministry of Finance Inc nixed the mandate that was given to a consortium comprising IWH and China Railway Engineering Corp (M) Sdn Bhd to develop Bandar Malaysia.

newbie9999

301 posts

Posted by newbie9999 > 2019-12-04 09:44 | Report Abuse

walao if iwh ipo then ma throw away iwcity?

Posted by Bursalord888 > 2019-12-04 09:46 | Report Abuse

IWH, IWCITY and EKOVEST ARE RELATED

Alan Lobster

7,570 posts

Posted by Alan Lobster > 2019-12-04 09:51 | Report Abuse

IWCITY still valuable in terms of landbank ...most likely merger to add more value

Posted by Bursalord888 > 2019-12-04 10:03 | Report Abuse

Already clear card, iwh get the bm project. It will benefit iwcity and ekovest.

Posted by khatulistiwa1234 > 2019-12-04 10:03 |

Post removed.Why?

newbie9999

301 posts

Posted by newbie9999 > 2019-12-04 10:24 | Report Abuse

JUST AS WHAT I EXPECTED................ DROP AGAIN

Posted by khatulistiwa1234 > 2019-12-04 10:34 | Report Abuse

MEDIA PRESS already status the news , share price only heading , not reverse can trace , BM 3 trillion is not a small amount , all off shore start their dragon tiger fight , any lower will benefit others party , i see the moving up trend onward .

Posted by khatulistiwa1234 > 2019-12-04 10:36 | Report Abuse

Great influence catalyst , it will rise non stop , people chase money , while is genuine , fitted running .

Posted by khatulistiwa1234 > 2019-12-04 11:00 | Report Abuse

BM consider hub of ORE , once get it , erupt the suction horse , liquidity all bulk in country .

Posted by khatulistiwa1234 > 2019-12-04 14:34 | Report Abuse

德意志银行恐沦“雷曼2.0” , expert say hot money is running out EUROPE market departure to ore , BM just nice , can utilize the source .

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