IWC hits limit-down after Bandar Malaysia deal collapsed
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.
‘My removal from TRX City and Bandar Malaysia expected’
KUALA LUMPUR (May 9): 1Malaysia Development Bhd (1MDB) president Arul Kanda Kandasamy has yet to receive any “official notification” of being removed from the board of TRX City Sdn Bhd and Bandar Malaysia Sdn Bhd.
IWCity extends loss, tumbles 23.6% in active trade
KUALA LUMPUR (May 9): Iskandar Waterfront City Bhd (IWC) shares took more beating this morning in active trade and fell 23.
Housing project in Taman Rimba Kiara to go ahead, says Tengku Adnan
PUTRAJAYA (May 8): The development at the Rimba Kiara Tanam site in Taman Tun Dr Ismail (TTDI), Kuala Lumpur, will go ahead despite opposition, said Federal Territories Minister Datuk Seri Tengku Adnan Tengku Mansor.
CDL Hospitality Trusts gets a DPU kick from The Lowry
SINGAPORE (May 8): DBS is maintaining its “buy” call on CDL Hospitality Trusts with a revised target price of S$1.
Malton says not in talks with EPF, Dalian Wanda on Bandar Malaysia
KUALA LUMPUR (May 8): Malton Bhd said it is "not" in talks with the Employees Provident Fund (EPF) and China-based Dalian Wanda Group Co Ltd to jointly bid for the Bandar Malaysia property project within the old airport site in Sungai Besi here.
IWCity tumbles 29.87% on termination of Bandar Malaysia deal
KUALA LUMPUR (May 8): Iskandar Waterfront City Bhd (IWCity) shares plunged this morning with no firm signal of a reversal of the Bandar Malaysia sale termination emerging.
Challenges seen for rental reversions for MRCB-Quill REIT office assets
MRCB-Quill REIT (May 5, RM1.
Negative pressure on IWC shares expected
KUALA LUMPUR (May 8): All eyes will be on Iskandar Waterfront City Bhd (IWC) when trading resumes today, with market players saying there could be a knee-jerk reaction in the short term due to uncertainty around the company after a RM7.