IWCity says IWH did not submit new bid for Bandar Malaysia
KUALA LUMPUR: Iskandar Waterfront City Bhd 
(IWCity) says parent company Iskandar Waterfront Holdings Sdn Bhd (IWH) has not made any fresh attempt to bid for the development of Bandar Malaysia.
Speculation that IWH might get a second chance to develop Bandar Malaysia had sent shares in IWCity soaring in the past two days.
The stock was last traded at 81 sen on Friday, up 42% from where it was on Wednesday. This is the stock’s highest level early April this year.
IWCity, in a reply today to the stock exchange over its unusual market activities, said it was unaware of any news behind the recent spike in its share price.
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