Iskandar Waterfront City Bhd (IWCity) shares fell 7% while Ekovest Bhd dropped 5% on profit taking after the Malaysian Government confirmed IWH CREC Sdn Bhd is allowed to bid for the Bandar Malaysia real estate project again.
Group did not declare any dividend for the quarter under review.
Renewed interest in counter comes amid talk IWH CREC is back in Bandar Malaysia
Shares in Iskandar Waterfront City Bhd (IWCity) gained as much as 39 sen or 23.8% to RM2.03 in afternoon trading after it was reported that the government may allow the IWH-CREC consortium back in Bandar Malaysia.
WCT Holdings Bhd said it is not bidding for the construction of a highway project within the Indo-China region.
MK Land Holdings Bhd is selling off nine parcels of leasehold land in Kamunting, Perak for RM72 million.
The project's duration is 30 months from the date of site possession, and is expected to be completed in October 2019.
The Malaysian civil rail infrastructure reference design scope, which covers approximately 335km, was divided into six Reference Design Consultant packages by MyHSR.
UOA Real Estate Investment Trust (UOA REIT) is putting future property acquisition plans on hold this year due to the subdued market and also because the assessments and due diligence for such transactions will take time.
Former Gabungan AQRS Bhd executive director and deputy chairman Alvin Ng Chun Kooi has ceased to be a substantial shareholder in the company, after disposing of 5.66 million shares or a 1.4% stake.
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