News about Eco World International

KUALA LUMPUR (June 28): The initial public offering (IPO) for Eco World International Bhd (EWI) has been set back by the approval process for the entry of a strategic partner, and is now expected to take place in September or October.

PETALING JAYA (June 24): Eco World International Bhd (EWI) sees a “silver lining” for savvy investors in the UK referendum’s surprising “Leave” outcome, as it marks the end of protracted uncertainty while the consequent weakening of the pound sterling will encourage foreign investment in the property market.

KUALA LUMPUR (June 15): The expected higher taxes for foreign buyers of residential properties in the Australian state of New South Wales (NSW) are not expected to have much effect on Malaysian developers there, say analysts.

SINGAPORE (May 17): GuocoLand is said to be in talks to buy a stake in the overseas unit of a Malaysian developer that is expected to go public later this year, according to Dow Jones reports.

RECLUSIVE tycoon Tan Sri Quek Leng Chan is looking at acquiring a substantial stake in Eco World International Bhd (EWI), which is en route for an initial public offering (IPO) to list on Bursa Malaysia, several sources say.

IN May last year, Eco World Development Bhd raised RM2.

KUALA LUMPUR (April 13): Eco World Development Group Bhd (EcoWorld), which is confident of meeting its sales target of RM4 billion for the financial year ending Oct 31, 2016, said the maiden launch of its Bukit Bintang City Centre (BBCC) mixed-use development here is expected to be within the next two months.

KUALA LUMPUR (April 8): Eco World International Bhd (EWI) has obtained the approval of the Securities Commission Malaysia (SC) to proceed with its proposed initial public offering (IPO) on the Main Market of Bursa Malaysia Securities Bhd.

Eco World Development Group Bhd (March 25, RM1.

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).