Iskandar Waterfront share trade to be suspended for 3 days pending material announcement

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KUALA LUMPUR (March 3): Iskandar Waterfront City Bhd's shares will be suspended from trading from next Monday to Wednesday, pending a material announcement.

The property developer, in a filing to Bursa Malaysia, said the bourse has approved its request for the three-day suspension.

Iskandar Waterfront shares have seen heavy buying interest in recent days, rising 39% over the last 12 trading days.

The counter rose 27 sen or 19.71% to close at RM1.64 today, with 62.7 million shares traded.