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).
‘Legal action against builders who flout EIA conditions’
KUALA LUMPUR (Nov 1): Legal action will be taken against developers found to have flouted the Environmental Impact Assessment (EIA) conditions and caused flash floods at the Federal Highway on Monday.
Benalec sells seven Melaka plots for RM100.17m
KUALA LUMPUR (Nov 1): Benalec Holdings Bhd is selling seven leasehold plots measuring 216,427 sq m at Klebang, Melaka, for RM100.
Ivory Properties expands landbank with RM133.86m acquisition in Sitiawan
KUALA LUMPUR (Oct 31): Ivory Properties Group Bhd is planning to buy a plot of commercial land in Sitiawan, Perak, for RM133.
LBS Bina up 2.6% on share split, bonus issue
KUALA LUMPUR (Nov 1): LBS Bina Group Bhd rose as much as 2.
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.
UEM Sunrise’s land sale to improve net gearing
KUALA LUMPUR (Nov 1): The net gearing of UEM Sunrise Bhd is expected to improve to 0.
LBS plans one-to-two share split, one-for-10 bonus issue
KUALA LUMPUR (Nov 1): Property developer LBS Bina Group Bhd has proposed to split its shares on a one-to-two basis, followed by a bonus issuance on the basis of one bonus share for every 10 split shares held.
Lim Kang Hoo suffers setback in IWH-IWCity merger
KUALA LUMPUR (Nov 1): Tycoon Tan Sri Lim Kang Hoo has suffered a setback with his plan to merge Iskandar Waterfront Holdings Sdn Bhd (IWH) with its 38.
