We had humble beginnings and along the way, faced adversity and challenges.
Throughout, we’ve stayed true to our vision to be the leading, successful pioneers and builders of innovative businesses in the region.
Since then, EcoFirst has made tremendous progress whilst leveraging on the experience and expertise amassed over the years and constantly acquiring new knowledge.
We are committed to deliver exceptional value to our customers, business partners, shareholders and other stakeholders.
EcoFirst Consolidated Bhd was established in 1973 and has been listed on the Main Board of Bursa Malaysia since 1984.
1Segamat mall which has been abandoned more than six years ago has been revived and started re-commencement of construction in May 2010. The construction was completed within 18 months.
EcoFirst Consolidated Bhd has turned around with a net profit of RM8.67 million for its financial year ended May 31 (FY11), is poised for new growth phase with the revival of long abandoned retail mall in Segamat, new property development projects including The Academia at South City Plaza, Taipan commercial centre at Ipoh and iron ore mining in Indonesia.
South City Plaza has been transformed as wholesale point with approximately 850 units to be tenanted. The Scope Wholesale Point covers an area of 226,000 square feet involving 5 zones with centralised air-conditioners.
1Segamat mall has successfully attracted 45,000 patrons a month to the mall after its soft opening. One of the main attractions is the eight-hall cineplex, operated by Lotus Five Star. The mall will bring greater vibrancy to the area and enhance its real estate value.
Dato’ Tiong Kwing Hee was awarded “Built-To-Last Award” in the inaugural Asia-Pacific Enterprise Leadership Awards (APELA) 2013 at Marina Bay Sands, Singapore. This prestigious regional award recognizes and honours the achievements of leaders in the areas of sustainable development, corporate responsibility and CSR.
1Segamat mall has proudly won the Best Decoration, Cleanliness and Lighting Competition under commercial category at the Segamat District Council level in conjunction with 57th Merdeka Celebration.
Kondominium Kelab Golf was awarded the Best Low-Rise Condominium by the Malysian Property Press Awards.
Launch of Liberty @ Ampang Ukay (Phase 1 of Ampang Ukay mixed-development) consisting of 3 towers with 1,632 Small Office Home Office (“SOHO”) units and 32 retail units. We saw an encouraging sales uptake of 58 % of units sold as at the end of FYE 2017, ramping up close to 95% sold by March 2018.
Completion of Kondominium Kelab Golf in Ipoh, Perak.
The Group disposed of the 1Segamat Shopping Centre in Johor.