EcoWorld 2Q profit strengthens; sales tally at RM923m
KUALA LUMPUR (June 29): Eco World Development Group Bhd’s (EcoWorld) net profit rose 2.
EcoWorld 2Q net profit up, achieved sales of RM923m as at April 30
KUALA LUMPUR (June 28): Eco World Development Group Bhd's (EcoWorld) net profit rose 2.
Inta Bina bags RM57.7m contract to construct Eco Ardence houses
KUALA LUMPUR (May 2): Inta Bina Group Bhd's wholly-owned subsidiary Inta Bina Sdn Bhd (IBSB) has been appointed as the main contractor for a residential development in Shah Alam for RM57.
BizSmart Challenge 2018 turns to reality TV, with RM1m worth of prizes
KUALA LUMPUR (April 13): The annual BizSmart Challenge — Alliance Bank Malaysia Bhd’s flagship programme to nurture and grow small- and medium-sized enterprises (SMEs) — is back for its fifth year, and this time in the format of a reality TV show, with cash and media coverage prizes totalling RM1 million to be won.
EcoWorld expects sales to improve in next few quarters
Eco World Development Group Bhd (March 30, RM1) Maintain add with a lower target price (TP) of RM1.
EWI expects ‘maiden’ profit in FY18, raises sales target to RM3b
KUALA LUMPUR (March 30): Eco World International Bhd (EWI), which is 27%-owned by Eco World Development Group Bhd, has raised its sales target for its financial year ending Oct 31, 2018 (FY18), to RM3 billion from RM2 billion previously, based on plans for its existing projects and additional sales it intends to achieve from its new Be Living sites.
Eco World's unit issues RM150m unrated medium term notes
KUALA LUMPUR (March 24): Eco Botanic Sdn Bhd has issued RM150 million of unrated medium term notes (MTN) with a tenure of three to five years, of which RM100 million is guaranteed by Danajamin Nasional Bhd.
2018 will be a period of consolidation for EcoWorld
KUALA LUMPUR (Jan 24): Eco World Development Group Bhd will hold off on launching any sizeable projects this year as it focuses on strengthening its balance sheet and consolidating its landbank.
Revision of stamp duty plan for luxury properties good news for sector, says MIDF Research
KUALA LUMPUR (Dec 21): The government's revised plan to maintain the stamp duty for luxury properties at 3% is positive for the property sector, according to MIDF Amanah Investment Bank Bhd Research.
Malton 1Q net profit jumps four times on gain from a revoked deal
KUALA LUMPUR (Nov 20): Malton Bhd saw its net profit for the first financial quarter ended Sept 30, 2017 (1QFY18) surge four times year-on-year to RM25.
