Potential dividend windfall from EWI

Picture of Ecoworld building and signage. Sept 18, 2013. Photo by Daniel Chan Writer: Doreen (FM)

PETALING JAYA: Eco World International Bhd (EWI) shareholders might get a potential dividend windfall as the group’s joint projects with Irish property developer Ballymore Group are completed or at the tail-end, according to Maybank Investment Bank Research.

The EWI-Ballymore joint venture (JV) projects in the UK include London City Island, Wardian and Embassy Garden, while projects in Australia include Yarra One in Melbourne and West Village in Sydney.