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Ekovest up 5.56% after news of Wanda abandoning bid for Bandar Malaysia

Mimi Sabreena 4:33:00 PM Informasi

KUALA LUMPUR (July 26): Ekovest Bhd shares rose by as much as 5.56% today on news that its related group may get a second chance to bid for the Bandar Malaysia project after China's Dalian Wanda Group was reported to be no longer interested in the project.

At 3.51pm, the stock rose four sen or 3.7% at RM1.12 after pairing earlier gains with some 13.7 million shares traded. The group's market capitalisation was about RM2.4 billion

Meanwhile, Iskandar Waterfront City Bhd (IWCity) shares were up one sen or 0.75% at RM1.34 with 13.3 million shares changing hands.

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