EcoFirst to buy Sungai Buloh land for RM550m mixed development

KUALA LUMPUR (Jan 18): Property developer EcoFirst Consolidated Bhd, through its wholly-owned subsidiary Opal Horizon Sdn Bhd, is buying seven parcels of land in Sungai Buloh, Selangor for a combined RM70 million. The land, which Opal Horizon entered into a conditional sale and purchase agreement (SPA) with Radiant Nature Sdn Bhd (RNSB), is intended to […]

EcoFirst acquires lands in Sg Buloh for RM70mil

KUALA LUMPUR (Jan 18): Property developer EcoFirst Consolidated Bhd, through its wholly-owned subsidiary Opal Horizon Sdn Bhd, is buying seven parcels of land in Sungai Buloh, Selangor for a combined RM70 million. The land, which Opal Horizon entered into a conditional sale and purchase agreement (SPA) with Radiant Nature Sdn Bhd (RNSB), is intended to […]

ECOFIRST ACQUIRES LAND FOR MIXED DEVELOPMENT PROJECT

Related News Coverage1. https://www.theedgemarkets.com/article/ecofirst-buy-sungai-buloh-land-rm550m-mix-development2. https://www.nst.com.my/business/2021/01/658502/ecofirst-acquires-lands-sg-buloh-rm70mil3. https://www.theedgemarkets.com/article/menang-kelington-ecofirst-serba-dinamik-uem-sunrise-ghl-genetec-ecobuilt-lii-hen-ame-elite

EcoFirst remains profitable in 1Q21 despite RMCO

Upcoming mixed development in Cahaya SPK, Seksyen U9, Shah Alam with RM311 million Gross Development Value to propel future earnings Focused on strategy to acquire strategic lands with fast turnaround model Kuala Lumpur, Malaysia, 28 October 2020 – Property developer EcoFirst Consolidated Bhd (EcoFirst, 怡嘉控股, Bloomberg: ECOF:MK; Reuters: ECOF.KL) remained profitable in the first quarter […]

EcoFirst to extend Klang Valley footprint via Shah Alam landbank acquisition

• Makes first foray in Shah Alam with 4.76-acre land purchase in Shah Alam, Selangor for RM42 million• Intends to launch RM311 million GDV mixed development in Cahaya SPK, Shah Alam• Group’s total landbank to increase to 91.76 acres; able to last up to 11 to 14 years Kuala Lumpur, Malaysia, 15 October 2020 – […]

EcoFirst Phase 1 Ampang Ukay flagship development fully taken-up

Recorded net profit of RM16.3 million on revenue of RM149.8 millionin FY20 despite adverse impact from Movement Control Order (MCO) Kuala Lumpur, Malaysia, 30 July 2020 – Property developer EcoFirst Consolidated Berhad (Ecofirst, 怡嘉控股, Bloomberg: ECOF:MK; Reuters: ECOF.KL) has sold out the first phase of its flagship 87-acre Ampang Ukay mixed development, Liberty @ Ampang […]

EcoFirst net profit doubles to RM8.1 million in 2Q20

Profitability improvement driven by higher profit recognition of Liberty @ Ampang Ukay Kuala Lumpur, Malaysia, 22 January 2020 – Property developer EcoFirst Consolidated Bhd (Ecofirst, 怡嘉控股, Bloomberg: ECOF:MK; Reuters: ECOF.KL) doubled its net profit to RM8.1 million in second quarter ended 30 November 2019 (2Q20) from RM4.1 million in the previous corresponding quarter. The improved […]