Ekovest, IWC fall on Bandar Malaysia clarification


  • Business
  • Wednesday, 24 Apr 2019

Ekovest Bhd failed to get its shareholders' full support for the takeover of Iskandar Waterfront City Bhd

PETALING JAYA: Clarifications issued by Ekovest Bhd and Iskandar Waterfront City Bhd (IWC) on their non-involvement in the revived Bandar Malaysia project have sent their share prices tumbling after a sharp spike the previous day.

Ekovest shed 10 sen or 10.3%, closing at 87 sen, while IWC was down 14 sen or 10.6%, settling at RM1.18 yesterday.

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