News about EcoFirst

PETALING JAYA (July 30): EcoFirst Consolidated Bhd's net profit fell 96.

PETALING JAYA (July 22): EcoFirst Consolidated Bhd said the vendors of its proposed RM45 million acquisition of two freehold land parcels in Penang have agreed to a further extension of the completion period under the sale and purchase agreements (SPAs).

KUALA LUMPUR (Jan 31): EcoFirst Consolidated Bhd (KL:ECOFIRS) said it is acquiring two freehold land parcels in Penang island for RM45 million as part of its plan to strengthen its development pipeline and diversify earnings beyond the Klang Valley.

KUALA LUMPUR (Jan 27): EcoFirst Consolidated Bhd (KL:ECOFIRS) has reported a 28.

In a filing with Bursa Malaysia, EcoFirst said they also stepped down from the audit, nomination and remuneration committee.

The improved earnings were attributed to accelerated progress billing for the KL 48 project, as well as lower administration expenses and finance costs.

The purchasers argue that Wize Platinum and Pujian Development have breached Section 8 of the Strata Title Act, which states the developer is required to apply for the strata titles within six months from the issuance of the certificate of completion and compliance.

For the full financial year, EcoFirst’s net profit jumped 91.

Revenue jumped 162.

EcoFirst expects to commence development on the Kajang land in the first quarter of 2025, with the development period spanning three to four years.