KUALA LUMPUR (July 18): Ekovest Bhd rose as much as six sen or 6% in conjunction with the property developer's Kuala Lumpur River City (KLRC) groundbreaking ceremony here today.

KLRC is a planned real estate project along the Gombak River here.

"Sprawling across 129.5 hectares, KLRC is a pioneer riverside mixed development of the River of Life (ROL) project, [comprising] the EkoGateway, EkoPark Place, EkoAvenue, EkoTitiwangsa and EkoQuay developments," Ekovest said in its KLRC groundbreaking ceremony invitation notice.

Ekovest shares rose to their highest so far today at RM1.11.

At 10:59am, the stock pared gains at RM1.08 for a market value of RM2.31 billion.

Ekovest saw some 17 million shares traded, making the stock Bursa Malaysia's ninth most active entity. — theedgemarkets.com

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