EcoFirst in pursuit of affordable housing to mitigate pandemic-hit earnings

PROPERTY developer EcoFirst Consolidated Bhd is poised for an earnings recovery with launches of new development focusing on affordable housing after its 3Q FY2021 ended Feb 28 fell into a quarterly net loss for the first time since 4Q FY2014. EcoFirst slipped into a net loss of RM4.3 mil in 3Q FY2021 mainly due to …

怡嘉 8160 万购 BCM51%

(吉隆坡 7 日讯) 怡嘉控股 (ECOFIRST, 3557, 主板产业组) 建议以 8160 万令吉收购BCM控股的51%股权,借此取得吉隆坡两片土地,预计发展为总值12亿令吉的房产项目。 获地发展房产 该公司在文告中说,已与卖主达成协议,以收购上述资产。 BCM控股拥有吉隆坡新街场两片土地,面积达4.18英亩,预期发展总值为 12亿令吉,发展开销则是6亿5000万令吉。

EcoFirst buys Sungai Besi land for RM82m, to welcome new substantial shareholders

KUALA LUMPUR (April 7): EcoFirst Consolidated Bhd is acquiring a 51% stake in BCM Holdings Sdn Bhd, the owner of 4.18 acres of freehold land in Sungai Besi, for RM81.6 million. The purchase consideration comprises RM1.63 million cash and the issuance of 228.5 million new EcoFirst shares at 35 sen apiece or RM79.97 million, the …

BERNAMA – EcoFirst acquires land bank at Fringes of KL City Centre with GDV of RM1.2 bln

KUALA LUMPUR, April 7 – EcoFirst Consolidated Bhd has entered into a conditional share sale agreement with the vendors, Yeoh Siok Choo and Tan You Tiong, to acquire 51 per cent equity interests in BCM Holdings Sdn Bhd (BCM) for a purchase consideration of RM81.6 million. BCM is the registered and beneficial owner of two …

EcoFirst acquires land banks with an intended GDV of RM1.2 bln

IN line with its expansion efforts to continuously increase its presence and land bank in Klang Valley, EcoFirst Consolidated Bhd has entered into a conditional sale and purchase agreement (SPA) with Yeoh Siok Choo and Tan You Tiong to acquire 51% equity interests in BCM Holdings Sdn Bhd for a purchase consideration of RM81.6 mil. …

Ecofirst ambil alih simpanan tanah di pinggir pusat bandar KL dengan GDV RM1.2 bilion

KUALA LUMPUR: EcoFirst Consolidated Bhd memeterai perjanjian penjualan saham bersyarat dengan vendor, Yeoh Siok Choo dan Tan You Tiong untuk mengambil alih kepentingan ekuiti sebanyak 51 peratus dalam BCM Holdings Sdn Bhd (BCM) bagi pertimbangan belian berjumlah RM81.6 juta. BCM adalah pemilik berdaftar dan bermanfaat bagi dua bidang tanah pegangan bebas yang berhampiran yang terletak di …

EcoFirst acquires lands in Sg Buloh for RM70mil

KUALA LUMPUR: EcoFirst Consolidated Bhd’s unit, Opal Horizon Sdn Bhd has acquired seven parcels of land in Sungai Buloh from Radiant Nature Sdn Bhd for RM70 million. In an exchange filing today, the property developer has entered into a conditional sale and purchase agreement with Radiant Nature to acquire the land. The strategically-located land parcels …

EcoFirst acquires Sungai Besi land

KUALA LUMPUR: Ecofirst Consolidated Bhd has entered into a conditional sale share agreement with Yeoh Siok Choo and Tan You Tiong, to acquire 51% equity interests in BCM Holdings Sdn Bhd for RM81.6mil. BCM is the registered and beneficial owner of two contiguous parcels of freehold land located in Sungai Besi (BCM Properties). EcoFirst, in a statement …