News about EC

KUALA LUMPUR (March 3): Eco World International Bhd (EWI), the special-purpose vehicle set up by the EcoWorld Group in 2013 to acquire real estate assets overseas for development that is en route to a listing on the Main Market of Bursa Malaysia will allocate a bonus issue of two warrants in EWI for every five EWI shares held after its initial public offering (IPO).

PETALING JAYA (Feb 29): Eco World Development Bhd (EcoWorld) is acquiring a 300-acre leasehold parcel in Mukim 13, Seberang Perai, owned by Batu Kawan Development Sdn Bhd (formerly Abad Naluri Sdn Bhd).

S P Setia Bhd (Feb 26, RM3) Maintain neutral with a lower target price (TP) of RM3.

KUALA LUMPUR (Feb 25): SP Setia Bhd achieved a net profit of RM208.

FAMOUS for its Roman and Moorish ruins, picturesque beaches and lively cities, Portugal is a blend of old-world charm and modernity.

PETALING JAYA (Feb 24): Selangor Dredging Bhd (SDB) will be focusing on the sales of its property projects that are currently under construction as it seeks to maintain the strength of its strong balance sheet this year, the group said in a press statement today.

PUTRAJAYA (Feb 24): Encouraged by the overwhelming sales of the first phase, Putrajaya Holdings Sdn Bhd – the master developer of Putrajaya – is aiming to unveil the second phase of Pine Valley 2-storey terraced houses in June this year.

PETALING JAYA (Feb 23): The property market will pick up in 2Q to 3Q2016 – after the festive seasons from the end of last year until the end of this month – as demand is still strong from genuine buyers in the secondary market, said principal of Synergy International Realtors Terry Wong (pictured, centre).

KUALA LUMPUR (Feb 23): Mitrajaya Holdings Bhd has been appointed as the developer for the 1Malaysia Civil Servant Housing Development (PPA1M) by Putrajaya Homes Sdn Bhd worth RM157.

PUTRAJAYA (Feb 23): Putrajaya Holdings Sdn Bhd, the master developer of Putrajaya, is offering 31 units of Augusta 2.