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