Director is buying back a lot of this. Now 1.08. Up up and away...

High of 1.19 last week. Other than the recent acquisitions by directors, does anyone now of any other impending news?

====01/07/2011 Changes in Director's Interest (S135) - Dato’ Seri Nazir Ariff Bin Mushir Ariff
====30/06/2011 Changes in Director's Interest (S135) - Loh Chin Chuen
====27/06/2011 Changes in Director's Interest (S135) - Loh Chin Chuen

http://www.btimes.com.my/Current_News/BTIM...icle/index_html

Ivory lands Bayan Mutiara!

Type
:
Announcement
Subject
:

DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS OUTSIDE CLOSED PERIOD

Description
:

IVORY PROPERTIES GROUP BERHAD ("Ivory")
- Notification by Principal Officer of His Dealings In Securities of Ivory Outside Closed Period


Announcement Details/Table Section :


Pursuant to Paragraph 14.09 of the Listing Requirements of Bursa Malaysia Securities Berhad, I, Dato' Ooi Chin Loo hereby give notice of my dealings in the ordinary shares of IVORY outside closed period as set out in table as appended:-

Name of

Principal Officer/ Description

of Securities


Date Transacted


Opening Balance


Acquired/(Disposed)


% of Securities


Price per Securities(RM)


Closing
Balance


% of Securities

Dato' Ooi Chin Loo (Principal Officer)

Ordinary Shares of RM0.50 each(Direct)


11.07.2011


40,000


(30,000)


0.016


1.12


10,000


0.005

This announcement is dated 11 July 2011.



This post has been edited by yeeck: Jul 14 2011, 02:12 PM

From Bursa, principal officers Lee Huey San and Yeong Siew Yan acquired 10,000 and 5,000 shares respectively around 1.16. Hope the Bayan Mutiara news officially announced soon.

This post has been edited by yeeck: Jul 25 2011, 03:21 PM

2nd wave for IVORY is here!

Tomorrow hope up up and away:

Type
:
Announcement
Subject
:

OTHERS

Description
:

LETTER OF ACCEPTANCE FOR PROPOSAL FOR THE PURCHASE AND DEVELOPMENT OF LAND MEASURING APPROXIMATELY 102.56 ACRES IN BAYAN MUTIARA, NORTHEAST DISTRICT OF PENANG LOCATED AT THE COAST WAY OF LEBUHRAYA TUN DR. LIM CHONG EU TO THE NORTH OF TECHWARE SDN BHD’S GOLD COAST DEVELOPMENT, SANDWICHED BETWEEN THE PENANG BRIDGE AND THE MARINE POLICE HEADQUARTERS AND THE GOLD COAST DEVELOPMENT OF WHICH APPROXIMATELY 67.56 ACRES ARE EXISTING LAND AND 35 ACRES ARE TO BE RECLAIMED (“THE LAND”)


Announcement Details/Table Section :


The Board of Directors of Ivory Properties Group Berhad (“IVORY”) is pleased to announce that IVORY has on 25 July 2011, received and accepted the Letter of Acceptance from Penang Development Corporation (“PDC”) for the proposal for purchase and development of 102.56 acres of land located at Bayan Mutiara, North East District, Penang of which approximately 67.56 acres are existing land and 35 acres are to be reclaimed for a proposed mixed development [hereinafter referred to as "the Proposed Project"].

The Proposed Project shall be subject to the terms and conditions to be mutually agreed upon between the parties in an Agreement to be entered into at a later date.

Upon finalization of the Agreement, IVORY will undertake to make the necessary announcements in due course.

None of the directors or substantial shareholders of IVORY or persons connected with them has any interest, whether direct or indirect in the Proposed Project.

This announcement is dated 25 July 2011.

Are you a shareholder of SPSETIA?

Shot up to 1.02 today. Any news?

Ivory suspended today pending material announcement. Price surged yesterday. Something good?

---

Added on November 11, 2011, 5:28 pmOn behalf of the Board of Directors of Ivory, OSK Investment Bank Berhad ("OSK") wishes to announce that the Company wishes to undertake the following corporate proposals:-

(i) Proposed purchase and development agreement with Chief Minister of Penang (Incorporation) and the Penang Development Corporation to purchase and develop all that pieces of land measuring approximately 102.56 acres in Bayan Mutiara, Northeast District of Penang ("Land") for a total cash consideration of RM1,072,203,264 ("Proposed PDA");

(ii) Proposed joint venture between Ivory and Dijaya Corporation Berhad, to govern a joint venture company, namely Tropicana Ivory Sdn Bhd ("TISB"), for the proposed purchase and development of the Land ("Proposed Joint Venture");

(iii) Proposed renounceable rights issue of 186,000,000 new ordinary shares of RM0.50 each in Ivory ("Rights Share(s)") together with 186,000,000 new free detachable warrants ("Warrant(s)") on the basis of one (1) Rights Share and one (1) free Warrant for every one (1) existing ordinary share of RM0.50 each in Ivory ("Ivory Share(s)") held on an entitlement date to be determined later ("Proposed Rights Issue");

(iv) Proposed bonus issue of 46,500.00 Ivory Shares ("Bonus Share(s)") on the basis of one (1) Bonus Share for every four (4) Rights Shares subscribed ("Proposed Bonus Issue")

(v) Proposed provision of financial assistance by Ivory to TISB in the event TISB becomes an associated company of Ivory pursuant to the salient terms of the joint venture agreement governing the Proposed Joint Venture ("Proposed Provision of Financial Assistance");

(vi) Proposed increase in the authorised share capital of the Company from RM100,000,000 comprising 200,000,000 Ivory Shares to RM500,000,000 comprising 1,000,000,000 Ivory Shares ("Proposed Increase in Authorised Share Capital"); and

(vii) Proposed amendments to the Memorandum and Articles of Association of the Company ("Proposed Amendments").

The Proposed PDA, Proposed Joint Venture, Proposed Rights Issue, Proposed Bonus Issue, Proposed Provision of Financial Assistance, Proposed Increase in Authorised Share Capital and Proposed Amendments are collectively referred to as the "Proposals".

This post has been edited by yeeck: Nov 11 2011, 05:28 PM