Eco World International to go for direct listing

KUALA LUMPUR (June 18): Eco World International Bhd (EWI), a special purpose entity set up by major shareholders of Eco World Development Group Bhd (Eco World) to acquire real estate assets for development overseas, has withdrawn its plans to list as a special purpose acquisition company (SPAC) that was to raise RM1.

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Penang urged to look at bringing property prices down

PENANG (June 16): Penang Gerakan Youth legal and public complaints bureau chief Jason Loo Jieh Sheng has criticised the state government's guideline that restricted the purchase of properties by foreigners to only units above RM2 million on the island and RM1 million on the mainland.

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