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IWCity shares hit limit-up after last week’s plunge

Mimi Sabreena 8:59:00 AM Informasi

KUALA LUMPUR: Frenzy buying interest in Iskandar Waterfront City Bhd (IWCity) in the afternoon trading session pushed up its share price by 29.9%, or 49 sen, yesterday.

The spike in interest was fuelled by expectations of a possible reversal of the termination of the 60% stake sale in the Bandar Malaysia project.

The stock, which was battered down last week, hit limit-up half an hour before market close at RM2.13 yesterday.

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