EcoFirst’s unit received sealed court order to pay sum of RM10.37 million
KUALA LUMPUR (Nov 8): EcoFirst Consolidated Bhd’s wholly-owned unit Pujian Development Sdn Bhd (PDSB) has received a sealed court order to pay a judgement sum of RM10.
EcoFirst calls off Penang developer acquisition
KUALA LUMPUR (May 17): EcoFirst Consolidated Bhd announced today that it has called off plans to acquire a 70% stake in private property development firm Geo Valley Sdn Bhd for RM44 million cash.
EcoFirst to launch phase two of Ampang Ukay in 2H2019
PETALING JAYA (Jan 10): EcoFirst Consolidated Bhd will be launching phase two of the Ampang Ukay development which carries a GDV of RM600 million in the second half of this year (2H2019).
EcoFirst seeks to jointly develop RM1.25b project
KUALA LUMPUR (Dec 28): EcoFirst Consolidated Bhd is seeking to jointly develop a RM1.
Developer cashflow squeezed by longer retention sum period for defect and liability repairs
PETALING JAYA (Aug 16): A 2015 amendment to the Housing Development (Control & Licensing) Act (HDA) in 2015 aimed at protecting home buyers is further strangling the cashflow of property developers whose sales are already slow, reported The Edge Malaysia.
EcoFirst to launch Phase 2 of Ampang Ukay, targets higher sales in FY19
KUALA LUMPUR (July 30): Property developer EcoFirst Consolidated Bhd is aiming for a higher sales target of around RM240 million in the financial year ending May 31, 2019 (FY19) as it banks on two ongoing projects and another two in the pipeline.
Shareholders of EcoFirst can expect dividends in the next six months
KUALA LUMPUR (July 30): Shareholders of property developer EcoFirst Consolidated Bhd can expect a dividend payout as early as the next six months as the company is mulling a dividend policy, said group CEO Datuk Tiong Kwing Hee.
EcoFirst Consolidated 3Q net profit surges 3.47 times
KUALA LUMPUR (April 27): EcoFirst Consolidated Bhd saw its net profit surge 3.
EcoFirst 2Q profit jumps on land sale; CEO upbeat on property market recovery
KUALA LUMPUR (Jan 30): EcoFirst Consolidated Bhd saw its net profit for the second quarter ended Nov 30, 2017 (2QFY18) lifted by over five times to RM27.
EcoFirst 1Q18 earnings more than doubles on higher Ipoh property sales
KUALA LUMPUR (Oct 31): EcoFirst Consolidated Bhd’s first quarter ended Aug 31, 2017 (1QFY18) saw net profit risen 170.
