Operation and Financial Matters Question 1(a) The primary thrust behind the enhanced operational performance of the Group was the revenue garnered from the KL48 project—a noteworthy accomplishment given the sales from KL48 spanned just two months by May 2023. (Page 23 of AR) What is the latest take-up rate of KL48 property project as of …
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EcoFirst, AmBank Meterai Kemudahan Pembiayaan Projek KL48 di Chan Sow Lin
KUALA LUMPUR 19 Mei – EcoFirst Consolidated Bhd mengumumkan pelancaran rasmi pembangunan KL48, yang merupakan pembangunan bersepadu untuk penduduk bandar, dan golongan belia profesional dengan kediaman sempurna di ibu kota. Bersempena dengan pelancaran itu, EcoFirst menandatangani kemudahan pembiayaan projek berstatus pegangan bebas itu dengan AmBank untuk pembinaan KL48. Dengan anggaran nilai pembangunan kasar (GDV) sebanyak RM1 …
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EcoFirst KL48 RM1 Billion GDV Project On Boards AmBank As Financing Facilitator
EcoFirst Consolidated Bhd has announced the official launch of its KL48 development and has at the same time inked project financing facilities with AmBank for the construction of RM1 billion GDV. KL48 sits on a 4.18-acre freehold land in Chan Sow Lin and is due for completion in the second quarter of 2027, comprising two …
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Management Response to MSWG’s Questions
Operation and Financial Matters Question 1(a) The net allowance for expected credit loss shown an increase of RM11.0million in FY 2022 as compared to RM3.75 million in FY 2021. (Page 77 of AR)What was the reason for the higher allowance for expected credit loss in FY 2022? • These were debts long outstanding that the …
Ecofirst cadang ambil alih baki 49 peratus kepentingan dalam BCM pada harga RM78.4 juta
KUALA LUMPUR, 23 Sept (Bernama) — Ecofirst Consolidated Bhd telah mencadangkan untuk mengambil alih baki 49 peratus kepentingan dalam BCM Holdings Sdn Bhd daripada Tan You Tiong dengan pertimbangan tunai sebanyak RM78.4 juta. Ecofirst Consolidated ketika ini memiliki 51 peratus kepentingan dalam BCM. Dalam makluman kepada Bursa Malaysia hari ini, pemaju hartanah itu berkata selepas selesai …
怡嘉控股提议购子公司的剩余股份，这子公司拥有供开发用途的土地
房地产开发商， 怡嘉控股（ECOFIRST，3557，主板产业股）提议以 7,840 万令吉收购一家子公司的剩余 49% 股权，这子公司在吉隆坡新街场拥有 4.18 英亩可供开发的土地。 该家子公司，BCM Holdings Sdn Bhd 的股权由 Tan You Tiong 持有，他也是怡嘉控股的主要股东，拥有 14% 股权。 怡嘉控股在向大马交易所报备的文件中表示，已获得吉隆坡市政厅的批准，将位于Chan Sow Lin工业区的土地从工业区转变为商业区。 BCM 计划开发 1,700 套服务式公寓，位于土地上的零售地块平台上，该项目的总开发价值约为 10 亿令吉，总开发成本为 6.2 亿令吉。 怡嘉控股表示，除非有任何不可预见的情况，预计该集团将在预计的四年发展期内实现约 3.8 亿令吉的毛利润。 怡嘉控股的股票在周五（9 月 23 日）收于 36 仙，市值达到 4 亿 1752 万令吉。
EcoFirst to acquire remaining stake in BCM for RM78.4mil
PETALING JAYA: EcoFirst Consolidated Bhd is ready to acquire the remaining 49% stake in BCM Holdings Sdn Bhd for RM78.4 million, granting it full possession. The acquisition will see EcoFirst get hold of full possession of 4.18 acres of freehold land in Sungai Besi. According to a submitting with Bursa Malaysia right now, EcoFirst entered …
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EcoFirst to acquire remaining stake in firm that owns KL land earmarked for development
KUALA LUMPUR (Sept 23): Property developer EcoFirst Consolidated Bhd has proposed to acquire the remaining 49% stake in a subsidiary that owns 4.18 acres of land in Sungai Besi for RM78.4 million. The stake in the firm, BCM Holdings Sdn Bhd, is held by Tan You Tiong, who is also a major shareholder of EcoFirst with a …
EcoFirst buys remaining stake in land owner of RM1b GDV Sg Besi project
MAIN Market-listed property developer EcoFirst Consolidated Bhd has acquired the remaining 49% stake in BCM Holdings Sdn Bhd to fully own a 4.18-acre freehold land in Sungai Besi for RM78.4 mil. The two-contiguous freehold asset, which is located along Jalan Satu within the Chan Sow Lin vicinity in Kuala Lumpur, has a development order (DO) …
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EcoFirst to acquire remaining stake in BCM for RM78.4mil
PETALING JAYA: EcoFirst Consolidated Bhd is set to acquire the remaining 49% stake in BCM Holdings Sdn Bhd for RM78.4 million, granting it full ownership. The acquisition will see EcoFirst obtain full ownership of 4.18 acres of freehold land in Sungai Besi. According to a filing with Bursa Malaysia today, EcoFirst entered into a conditional …
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