Eco World’s Liew acquires stake from son

Target on track: eco World expects to hit its sales target of rM6bil over the 2019 and 2020 financial years following a pick-up in sales this year.

PETALING JAYA: Eco World Development Group Bhd executive chairman Tan Sri Liew Kee Sin has acquired 276.98 million shares from his son, Liew Tian Xiong, which represent a 9.42% stake in the company.

According to Bursa Malaysia filings yesterday, Kee Sin acquired the shares from Tian Xiong in an off-market transaction for the purpose of family estate planning.