ISKANDAR PUTERI: Forest City, projek mega pembangunan bercampur di atas empat pulau buatan di perairan Johor berdekatan pelabuhan Tanjung Pelepas di sini, diumumkan sebagai Zon Khas Kewangan.
Status kawasan pembangunan berkeluasan lebih 2832.79 hektar itu diumumkan Perdana Menteri, Datuk Seri Anwar Ibrahim bagi meningkatkan pelaburan asing sekali gus merancakkan pembangunan ekonomi kawasan terbabit.
We refer to the announcements dated 25 March 2022, 3 June 2022, 10 June 2022, 22 March 2023, 19 April 2023, 20 September 2023 and the subsequent monthly announcements made by the Company pursuant to Paragraph 8.03A of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“Bursa Securities”).
On behalf of the Board of Directors of IWCity, Maybank Investment Bank Berhad wishes to announce that Bursa Securities has vide its letter dated 18 October 2023, granted the Company a further extension of time of 6 months up to 24 March 2024 for the Company to submit a regularisation plan to the relevant regulatory authorities.
The aforesaid extension of time is without prejudice to Bursa Securities’ right to proceed to suspend the trading of the listed securities of IWCity and to de-list the Company in the event:
(i) the Company fails to submit its regularisation plan to the relevant regulatory authorities on or before 24 March 2024;
(ii) the Company fails to obtain the approval from any of the regulatory authorities necessary for the implementation of its regularisation plan; or
(iii) the Company fails to implement its regularisation plan within the time frame or extended time frame stipulated by any of the regulatory authorities.
Upon occurrence of any of the events set out in (i) to (iii) above, Bursa Securities may suspend the trading of the listed securities of IWCity on the 6th market day after the date of notification of suspension by Bursa Securities and may de-list the Company, subject to the Company’s right to appeal against the delisting.
Trading volume is very thin. Short term volatile and sell down by contra players on due date. Investors still have funds in hand may collect on dip. Traders got to be careful d. Hihihi.
About UEMS video, i guess most of the people know the situation of UEMS as it was dropped from 400 to 220 from 2022 to early 2023 before its share price was goreng up to 900. Fundamental wise, UEMS is only good if their landbanks are utilize for good prospective development, how PMX plans to develop Johor, and how Tuanku wanna to make the southern tiger to roar again.
RHB set TP 1.20RM, I also don't know how dare they are to put that TP. Hopefully retail investors are safe. The share price is stabilising at 0.70RM.
The market is very sensitive to the movement of UEMS. It is not a new thing. And, UEMS was up from 0.20 to 0.90, and to 0.70, still, 250% increased, not like what the video man said increased 100%. Thjs big bb is for big guys. Retail stay out is a better choice. Let give yourself a missed to this bb rather than worrying about the share price fluctuations isn't it? (Already +250% from 0.22 loh. Nothing to story about. Give it a missed. No touch, no worry. Go for other laggard and less risk and less worries. Eg. MR CB is one of the super laggard, if I'm them, choose this one is much safer and sexier than UEMS.)
Avoid CONTRA! else will be bitten by sharks and crocodiles.
@Natsuko Ya. If Botak new proposal is accepted and approved, then iwc Para 8.03A problem resolved, then this iwc is still cheap at current price. And, with new agong in Msia soon, Johor, southern tiger kuat.
I would prefer MS UE rather than MR CB.. if you looks at MR CB PROJECT THEY HANDLE MOSTLY DELAY AND LOW QUALITY OF WORKMANSHIP. SORRY...LOL... E.G LRT 3
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Viable4Everything
194 posts
Posted by Viable4Everything > 2023-10-17 10:07 | Report Abuse
Below 70 cents is a good catch in my view...Wait 65 cents then average again