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).

READ MORE

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.

READ MORE

SILC Phase 3 hits RM50 million sales

KUALA LUMPUR (Oct 24): UEM Sunrise Bhd’s Southern Industrial & Logistics Clusters (SILC) Phase 3 — a fully integrated industrial park in Iskandar Puteri, Johor — has achieved about RM50 million of sales since its launch at the beginning of this year.

READ MORE