Ekovest up, but IWCity down sharply after shareholders reject takeover plan
KUALA LUMPUR (March 29): Ekovest Bhd's share price climbed four sen or 4.
KUALA LUMPUR (March 29): Ekovest Bhd's share price climbed four sen or 4.
KUALA LUMPUR (March 29): Ekovest Bhd said the construction, infrastructure and property company's shareholders had not approved its proposed takeover offer of Iskandar Waterfront City Bhd (IWCity) at RM1.
KUALA LUMPUR (March 23): Minority shareholders of Iskandar Waterfront City Bhd (IWCity) should accept the offer by Ekovest Bhd to buy their shares, said independent adviser BDO Capital Consultants Sdn Bhd.
KUALA LUMPUR (Dec 19): Iskandar Waterfront City Bhd (IWCity) shares rose 3.
KUALA LUMPUR (Dec 19): Ekovest Bhd has issued a takeover notice to buy a 62% stake in Iskandar Waterfront City Bhd (IWCity) at RM1.
PETALING JAYA (Dec 7): The construction of the Desaru Coast Adventure Waterpark, one of the largest theme parks in the world, is slated for opening in June next year.
PETALING JAYA (Nov 28): The federal government plans to enact a new law to streamline the management of water in each state next year, said Natural Resources and Environment Minister Wan Junaidi Tuanku Jaafar.
KUALA LUMPUR (Nov 2): Shares of Ekovest Bhd rebounded today on bargain hunting after a sharp fall yesterday, rising as much as 6.
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).
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.