EcoFirst buys land in Shah Alam for RM42m to undertake mixed development

KUALA LUMPUR (Oct 15): EcoFirst Consolidated Bhd has proposed to expand its footprint in the Klang Valley by acquiring a 4.76-acre piece of land in Cahaya SPK, Shah Alam for RM42 million. A mixed development has been planned on the leasehold land purchased from Modern Peak Sdn Bhd, the group said in a filing today. […]

EcoFirst to launch mixed devt project with GDV of RM311m

KUALA LUMPUR: Property developer Ecofirst Consolidated Bhd plans to launch a mixed development with a gross development value (GDV) of RM311 million in Cahaya SPK, Shah Alam, following the acquisition of a 1.93-hectare of leasehold land. The group’s unit, EcoFirst Worldwide Sdn Bhd, has entered into a sale and purchase agreement with Modern Peak Sdn Bhd to […]

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 […]

Keuntungan bersih Ecofirst susut 20.1 peratus pada suku ketiga 2020

KUALA LUMPUR, 12 Mei — Keuntungan bersih Ecofirst Consolidated Bhd turun 20.1 peratus kepada RM5.4 juta untuk suku ketiga yang berakhir pada 29 Februari, 2020 daripada RM6.7 juta pada tempoh yang sama tahun lepas. Dalam makluman kepada Bursa Malaysia hari ini, pemaju hartanah itu berkata pendapatannya menurun 24.7 peratus kepada RM43.3 juta daripada RM57.5 juta sebelumnya, berikutan Fasa […]

Ecofirst to launch new phases of Ampang Ukay

Ecofirst Consolidated Bhd is preparing to launch new phases of its RM5 billion Ampang Ukay flagship mixed-development in Ampang Jaya, Kuala Lumpur. Group chief executive officer Datuk Tiong Kwing Hee said Ecofirst is in the midst of receiving approvals from authorities for the masterplan development. Tiong said this will provide the group with a clear […]

EcoFirst completes Liberty @ Ampang Ukay

KUALA LUMPUR (May 12): Public-listed property developer EcoFirst Consolidated Bhd has completed the development of Liberty @ Ampang Ukay on Jan 10 this year. With a gross development value of RM606.8 million, Liberty @ Ampang Ukay is the first phase of its flagship 87-acre Ampang Ukay mixed development in Kuala Lumpur. It comprises 1,632 residential SOHO units and 32 retail […]

Ecofirst records 3Q net profit of RM5.36mil

Kuala Lumpur: ECOFIRST CONSOLIDATED BHD recorded a 20% lower net profit of RM5.36mil in the third quarter ended Feb 29, 2020 on the back of lower revenue as its Ampang Ukay development reached the tail-end of construction. In a statement, the property developer said revenue in the quarter fell 24.7% to RM43.3mil from the previous […]

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 […]