MBSB Research has not made any changes to the earnings forecast for FY25 to FY27.
PETALING JAYA: EcoWorld Development Group Bhd, which recently acquired 9.2ha of freehold commercial titled land in Semenyih, Selangor, adjacent to the company’s freehold 342.8ha Eco Radiance township, is expected to launch higher-priced properties to cater to growing demand in the area next year.
MBSB Research, which maintained a “neutral” call on the stock with an unchanged target price of RM2.19, said the company aims to continue the success it has achieved in Semenyih with the targeted launch of Eco Radiance in the first half of its financial year ending Dec 31, 2026 (FY26).
