ISKANDAR WATERFRONT CITY BERHAD

KLSE (MYR): IWCITY (1589)

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Last Price

0.545

Today's Change

-0.01 (1.80%)

Day's Change

0.54 - 0.55

Trading Volume

418,900


31 people like this.

34,713 comment(s). Last comment by Viable4Everything 1 day ago

Pcmont123

296 posts

Posted by Pcmont123 > 2020-06-01 07:51 | Report Abuse

Resume discussion meaning the plan continue
the delay due to covid 19....relax lag if cancel, Malaysia and Singapore won't defer only

mf

29,214 posts

Posted by mf > 2020-06-01 07:52 | Report Abuse

Protests May Spur Cases: Governor, Mayor (11:15 a.m. NY)
Maryland Governor Larry Hogan and Atlanta Mayor Keisha Lance Bottoms said street protests over George Floyd’s death in police custody could spark more Covid-19 infections.

anson938

2,019 posts

Posted by anson938 > 2020-06-01 08:41 | Report Abuse

Price might go up to few ringgit if deal done by end of the year...News & detail might be leaked slowly slowly from now,wait & see.

anson938

2,019 posts

Posted by anson938 > 2020-06-01 08:47 | Report Abuse

Might be you can choose to entry by end of the year but possibility to enter @ highest price..price range might be RM1,RM2 or RM3.00++..only my estimation ya!

anson938

2,019 posts

Posted by anson938 > 2020-06-01 11:15 | Report Abuse

hold tight tight & it's might go to above 0.70 cents again.

amircesc4

335 posts

Posted by amircesc4 > 2020-06-01 11:25 | Report Abuse

Definitely 0.7 and sideways

anson938

2,019 posts

Posted by anson938 > 2020-06-01 12:20 | Report Abuse

Its might unchanged later.

biba

94 posts

Posted by biba > 2020-06-01 14:34 | Report Abuse

Deferment of KL-Singapore HSR project extended to Dec 31, 2020
KUALA LUMPUR (May 31): The Malaysian and Singaporean governments have agreed to resume discussions on the Kuala Lumpur-Singapore High-Speed Rail (HSR) infrastructure project in the near future, said Senior Minister cum International Trade and Industry Minister Datuk Seri Mohamed Azmin Ali.
In a statement today, he said the discussions would encompass some of the proposed changes in the commercial and technical aspects of the project.
Mohamed Azmin said this decision was arrived at after both sides had mutually agreed to extend the deferment of the KL-Singapore HSR project to Dec 31, 2020.
“I have been asked by the Cabinet to lead the Malaysian team in the discussions with the Singapore government on this project,” he added.
Previously on Sept 5, 2018, both governments had agreed to suspend the construction of the bilateral project until May 31, 2020 to find the best way forward for the project.
The Malaysian government has been reviewing the project with MyHSR Corporation Sdn Bhd to identify cost reduction options, such as reviewing and optimising the alignment, station locations and business model.
In its response, Singapore's Transport Ministry confirmed that the Malaysian government has informed the republic that it would like to propose some changes to the HSR project and has requested a seven-month extension to allow both sides to discuss Malaysia’s proposal.
In the spirit of bilateral cooperation, the ministry said Singapore has agreed to a "final extension" of the HSR project suspension by seven months to Dec 31, 2020.
"We look forward to receiving Malaysia’s formal proposal on the changes to the HSR project soon, so that both sides can begin discussions immediately," it said in a statement today.
Meanwhile, the republic's Transport Minister Khaw Boon Wan said the extension should provide sufficient time for Malaysia to clarify its proposal and for both sides to assess the implications of the proposed changes.
"Covid-19 pandemic does inconvenience the discussions but tele-conferencing can largely overcome the difficulty. The key is joint commitment to the project’s vision and mutual trust.
"Nevertheless, the HSR is a complex project, and both sides have to be convinced that the changes do not undermine the original intent of the project.

anson938

2,019 posts

Posted by anson938 > 2020-06-02 08:32 | Report Abuse

Alliance DBS Research positive on construction sector
TheEdge Mon, Jun 01, 2020 10:03pm - 10 hours ago


KUALA LUMPUR (June 1): Alliance DBS Research has remained positive on the country’s construction sector after both the Malaysian and Singaporean governments agreed to resume discussions on the Kuala Lumpur-Singapore High-Speed Rail (HSR) project soon.

The research house said the discussions would include some of Malaysia’s proposed changes to the commercial and technical aspects of the project.

“We think part of the proposed changes will possibly entails lowering the cost of the project, studying financing solutions, as well as assessing the impact of the Covid-19 pandemic on business travel and the airline industry,” it said.

Alliance DBS Research said to facilitate this, both sides have agreed to extend the deferment of the project from May 31 to Dec 31, which would be the final extension granted for the project.

“We are unsure if there will be further penalty imposed on Malaysia for the latest deferment. It has paid SG$15 million (SG$1=RM3.07) for the first deadline extension until May 31.

“If the project is completely cancelled, a hefty penalty is likely to be imposed on Malaysia,” it said.

It said there is political will from both governments to continue with the project to stimulate the economies of both nations.

The research house said according to a study by the Japan Institute of Developing Economies, the project is forecast to create annual economic benefits worth US$1.59 billion (US$1=RM4.34) for Malaysia and US$641 million for Singapore by 2030.

“In our view, the project’s structure entailing a holistic end-to-end financing, or some form of public and private financing initiative, will be key,” it said.

Alliance DBS Research said contractors with balance sheet strength such as Gamuda Bhd, IJM Corporation Bhd, YTL Corporation Bhd and Sunway Construction Group Bhd should be front runners.

It added that other more direct potential beneficiaries are HSS Engineers Bhd which would likely land a consultancy role and Econpile Holdings Bhd which is one of the more reliable local piling contractors.

Posted by Akukakijudi > 2020-06-02 09:12 | Report Abuse

0.40 don’t want to buy buy 0.63. Aiyo

anson938

2,019 posts

Posted by anson938 > 2020-06-02 09:59 | Report Abuse

it's coming up...

anson938

2,019 posts

Posted by anson938 > 2020-06-02 10:01 | Report Abuse

Toward 1.00 first

anson938

2,019 posts

Posted by anson938 > 2020-06-02 15:43 | Report Abuse

Seem like Might close highest by today

Posted by Akukakijudi > 2020-06-03 10:19 | Report Abuse

Below 0.70 still cheap

amircesc4

335 posts

Posted by amircesc4 > 2020-06-03 12:24 | Report Abuse

Not yet. Goreng o&g dulu

Fong Kh

1,837 posts

Posted by Fong Kh > 2020-06-03 14:51 | Report Abuse

kick lai liao

Posted by Akukakijudi > 2020-06-03 15:44 | Report Abuse

Sell la. Take profit first. No patience to wait.

Posted by Akukakijudi > 2020-06-04 08:15 | Report Abuse

Damn. U never wear pant ies to have dinner with your angkel ah? Mmmmmmm
Lucky old man. Bet he kept on dropping his spoon. Haha
You and your angkel. Bungkus sudah lah.

anson938

2,019 posts

Posted by anson938 > 2020-06-04 09:08 | Report Abuse

It's might be re-test the price 0.725 again & 0.805 later

Fong Kh

1,837 posts

Posted by Fong Kh > 2020-06-04 20:29 | Report Abuse

To announce short term plan wor

Fong Kh

1,837 posts

Posted by Fong Kh > 2020-06-05 11:26 | Report Abuse

Haha relax

Posted by Akukakijudi > 2020-06-05 12:28 | Report Abuse

Yeehaw

Posted by Akukakijudi > 2020-06-05 12:28 | Report Abuse

Pill kuda

Posted by Invicibletrader > 2020-06-05 12:55 | Report Abuse

Lets goreng till 0.8 before Din's announcement.

amircesc4

335 posts

Posted by amircesc4 > 2020-06-05 14:37 | Report Abuse

As usual, pancut awal

KAQ4468

21,497 posts

Posted by KAQ4468 > 2020-06-05 14:37 | Report Abuse

aiyaaaaaaa


pancut awal ka

KAQ4468

21,497 posts

Posted by KAQ4468 > 2020-06-05 14:38 | Report Abuse

kasi sapu gambir Sarawak la

amircesc4

335 posts

Posted by amircesc4 > 2020-06-05 14:40 | Report Abuse

Its take profit day, next week la goreng. 0.7 massive resistance

Fong Kh

1,837 posts

Posted by Fong Kh > 2020-06-05 14:44 | Report Abuse

Trap

khpwwl

3,477 posts

Posted by khpwwl > 2020-06-05 14:46 | Report Abuse

when goreng dont chase, you will get trap

newkid

966 posts

Posted by newkid > 2020-06-05 14:48 | Report Abuse

something fishy here ??? After PM speech @3pm will know go north or detour to holland !!!!!!

khpwwl

3,477 posts

Posted by khpwwl > 2020-06-05 14:51 | Report Abuse

ya lah...when goreng all chase, botak throw to you, then you keep til fs...

khpwwl

3,477 posts

Posted by khpwwl > 2020-06-05 14:52 | Report Abuse

last time one day show 1 hr show already...

Fong Kh

1,837 posts

Posted by Fong Kh > 2020-06-05 15:02 | Report Abuse

Lol

wantousek

533 posts

Posted by wantousek > 2020-06-05 15:02 | Report Abuse

always pancut awal la this sohai counter..not good for long term

Fong Kh

1,837 posts

Posted by Fong Kh > 2020-06-05 15:10 | Report Abuse

better to have good news if not gg

anson938

2,019 posts

Posted by anson938 > 2020-06-05 15:48 | Report Abuse

coming up again....towards 0.80

Fong Kh

1,837 posts

Posted by Fong Kh > 2020-06-05 15:53 | Report Abuse

Iwcity gg

anson938

2,019 posts

Posted by anson938 > 2020-06-05 15:59 | Report Abuse

after 4pm...

aznar84

22 posts

Posted by aznar84 > 2020-06-05 16:01 | Report Abuse

pm announcement finished.... price can go up or not liao ?

khpwwl

3,477 posts

Posted by khpwwl > 2020-06-05 16:05 | Report Abuse

looks like no good news for construction sectors, am i right? like announcement for budget 2021

Posted by Akukakijudi > 2020-06-05 16:06 | Report Abuse

Project kansell

khpwwl

3,477 posts

Posted by khpwwl > 2020-06-05 16:07 | Report Abuse

how can cancel,,,u think is main main ah....

Fong Kh

1,837 posts

Posted by Fong Kh > 2020-06-05 16:08 | Report Abuse

someone is playing out

amircesc4

335 posts

Posted by amircesc4 > 2020-06-05 16:10 | Report Abuse

Lari la wei

khpwwl

3,477 posts

Posted by khpwwl > 2020-06-05 16:34 | Report Abuse

no more show loh....

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