Ecoworld Malaysia to acquire Iskandar Malaysia tract for RM450.13mil

KUALA LUMPUR: Eco World Development Group Bhd (Ecoworld Malaysia) has announced that its wholly-owned subsidiary Eco Botanic 3 Sdn Bhd has struck a deal to purchase about 240.314 acres of land in Pulai, Johor Bahru, for RM450.13mil, and develop it into a mixed-used project.

According to the property group, the land belonging to River Retreat Sdn Bhd is located next to the group's Eco Botanic and Eco Botanic 2 townships in Iskandar Malaysia.