EcoWorld to develop RM1.58bil business park


CEO Chang said it was a very opportune acquisition which enabled the group to ramp up its industrial portfolio in Iskandar Malaysia.

KUALA LUMPUR: Eco World Development Group Bhd (EcoWorld Malaysia) has proposed to acquire 403.78 acres of land in Kulai, Johor for RM211.07mil cash.

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

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