Kerjaya Prospek demands RM20 mil in termination damages from Ecofirst’s subsidiary
Kerjaya Prospek said its solicitor has issued a letter to BCM, instructing them to make the specified payment within seven days from Nov 21.
Kerjaya Prospek said its solicitor has issued a letter to BCM, instructing them to make the specified payment within seven days from Nov 21.
Datuk Michael Chooi Yoey Sun, who emerged as the property developer’s substantial shareholder in January this year, disposed of 10 million shares on the open market on Monday (Nov 7), according to a Bursa Malaysia filing.
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.
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.
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).
KUALA LUMPUR (Dec 28): EcoFirst Consolidated Bhd is seeking to jointly develop a RM1.
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.
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.
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.
KUALA LUMPUR (April 27): EcoFirst Consolidated Bhd saw its net profit surge 3.