EcoWorld Malaysia inks deal to acquire land in Selangor for RM742.4mil

Quick Summary:

KUALA LUMPUR: Eco World Development Group Bhd (EcoWorld Malaysia) has announced that, following its participation in a request for proposal process initiated by Boustead Properties Bhd (BProp), it has inked several agreements to develop 10 parcels of freehold land in Selangor.

Parties will be able to leverage on each other’s strengths and capabilities, working towards the completion of the land acquisitions and subsequent project development,” it added.

In a filing with Bursa Malaysia today, EcoWorld Malaysia said the acquisition is expected to be completed by the first half of 2025.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Category: EconomyBusiness

Markets: Malaysia

Topics: Property Boustead Properties Corporate News /Business/Business News EcoWorld Malaysia MBSB SPA SSA

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-07 @ 15:15:00 (2 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 414 words

Reading Time: 3 minutes read

Sentences: 17 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 23458243

View Article Analysis

About The Star

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 48 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 50 minutes ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #22

Publisher Details

Frequently Asked Questions