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 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 – […]