Ekovest managing director: Share sell-down 'temporary'
Ekovest Bhd, which saw its share price plunge as much as 29.4% today, said it views the sell-down as a "temporary phenomenon".
Ekovest Bhd, which saw its share price plunge as much as 29.4% today, said it views the sell-down as a "temporary phenomenon".
The East Coast Rail Link is expected to help create RM50.1 billion of gross domestic product impact, says Malaysia Rail Link Sdn Bhd.
MRCB-Quill REIT posted a 39.9% increase in net property income for the first quarter ended March 31, 2017, owing to higher revenue.
The Bank of Maldives has put Mahadhdhoo Island in Gaafu Alifu Atoll, Maldives up for sale.
As at noon, the counter pared some losses to trade at RM1.19, down 24 sen or 17%, with some 167.7 million shares changing hands.
The REIT declared 2.37 sen of distribution per unit (DPU) for the quarter ended March 31, 2017 (3QFY17), comparable with the same period a year ago, payable on June 6. This brings its DPU for the first three quarters of FY17 (9MFY17) to 6.92 sen per unit, from 7.06 in 9MFY16.
Trading in the shares of Iskandar Waterfront City Bhd, which succumbed to some selling pressure in the afternoon yesterday, has been suspended this morning until Friday.
Shares in Ekovest open 42 sen lower at RM1.01 this morning after the Bandar Malaysia deal was aborted yesterday.
IWH CREC has disputed claims by TRX City over the sale of a 60% equity interest in Bandar Malaysia.
MRCB aims to tap more into residential properties at transit-oriented developments.