Chooi is EcoFirst’s substantial shareholder

EcoFirst is a medium-sized property player with prime landbank in the Klang Valley.(File pic shows a model of one of the projects of EcoFirst.)

KUALA LUMPUR: Datuk Michael Chooi Yoey Sun, co-founder of kitchen cabinet manufacturer Signature International Bhd, has emerged as a substantial shareholder of property company Ecofirst Consolidated Bhd with a 5.155% stake.

Chooi bought 20 million shares in the open market over the last 14 days and acquired 40 million more shares via an off-market transaction through Wawasan Fokus Sdn Bhd, EcoFirst said in a statement.