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IWCity extends loss, tumbles 23.6% in active trade

IWC 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 23.61% from the sustained negative vibes from the collapsed Bandar Malaysia deal.

At 9.13am, IWC lost 51 sen to RM1.65 with 96.8 million shares traded.

Yesterday, IWC's share price took a nosedive and hit limit-down shortly after the opening bell as it resumed trading, wiping out RM759.83 million of market capitalisation.

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