EcoWorld to develop RM1.58bil GDV business park in Johor


Eco World Development Group Bhd president and chief executive officer Datuk Chang Khim Wah. — AZLINA ABDULLAH/The Star

KUALA LUMPUR: Eco World Development Group Bhd (EcoWorld Malaysia) has proposed to acquire 403.78 acres of land located in Kulai, Johor for RM211.065mil cash.

In a filing with Bursa Malaysia, EcoWorld Malaysia said it entered into a conditional sale and purchase agreement with IOI Prima Property Sdn Bhd for the land acquisition.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Genting unit lodges RM5bil unrated MTN programme with SC
SC gives nod to Sunway Healthcare's Bursa Main Market listing
Evergreen Max unit secures RM50mil short-term credit facility from Bank Islam
Ancom Nylex inks RM76.8mil deal to dispose of 50% stake in new unit formed under restructuring
Ringgit extends gains to close higher as US rate cut expectations stay elevated
Gadang sells Selangor land for RM2.5mil
Stocks rise, dollar wilts as investors strap in for Fed rate cut
Bursa Malaysia ends lower as investors eye US data, BOJ decision
Quality Concrete subsidiary bags RM294.59mil contract for Mukah water supply system
Hartanah Kenyalang bags RM42.79mil construction contract in Sarawak

Others Also Read