Ekovest, IWCity shares tumble following takeover bid

KUALA LUMPUR (Nov 2): Shares in Ekovest Bhd tumbled as much as 22% yesterday, as investors reacted negatively to news that its executive chairman and major shareholder Tan Sri Lim Kang Hoo intends for it to acquire a 62% stake in Iskandar Waterfront City Bhd (IWCity).

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Ekovest, IWCity shares fall in early trade

KUALA LUMPUR (Nov 1): Shares in Ekovest Bhd and Iskandar Waterfront City Bhd (IWCity) fell in early trade this morning after Iskandar Waterfront Holdings Sdn Bhd (IWH) axed plans to merge with its 38.

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IWCity posts small profit in 2Q

KUALA LUMPUR (Aug 25): After posting six consecutive quarters of losses, Iskandar Waterfront City Bhd (IWCity) returned to the black in its second quarter ended June 30, 2017 (2QFY17) thanks to its property development segment, despite a more than 40% drop in revenue.

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