News about Water

KUALA LUMPUR (May 16): Ekovest Bhd fell as much as five sen or 4% on profit taking today after the construction and property group's shares rose yesterday on bargain hunting.

KUALA LUMPUR (May 16): Frenzy buying interest in Iskandar Waterfront City Bhd (IWCity) in the afternoon trading session pushed up its share price by 29.

KUALA LUMPUR (May 16): Iskandar Waterfront City Bhd (IWCity) shares resumed their uptrend in active trade this morning after a frenzy of buying interest in the stock in afternoon trading session pushed up its share price by 29.

KUALA LUMPUR (May 15): Shares in Iskandar Waterfront City Bhd (IWCity) gained as much as 39 sen or 23.

KUALA LUMPUR (May 12): IWH CREC Sdn Bhd has received the refund of RM741 million that it had paid as deposit to purchase a 60% equity stake in Bandar Malaysia Sdn Bhd for RM7.

SINGAPORE (May 11): Frasers Centrepoint posted a 42.

KUALA LUMPUR (May 11): Iskandar Waterfront City Bhd (IWC) shares recovered 4.

Construction sector Maintain overweight call: Over the weekend, local newspapers covered several “what if” scenarios following the termination of the share sale agreement of the 60% stake in Bandar Malaysia to the 60:40 consortium formed by Iskandar Waterfront Holdings Sdn Bhd (IWH) and China Railway Engineering Corp (M) Sdn Bhd (CREC) — valued at around RM7.

KUALA LUMPUR (May 9): Iskandar Waterfront City Bhd’s (IWC) share price took a nosedive and hit limit-down shortly after the opening bell as it resumed trading yesterday, wiping out RM759.

KUALA LUMPUR (May 9): Iskandar Waterfront City Bhd (IWC) shares took more beating this morning in active trade and fell 23.