Eco world international berhad
Our Story
Eco World Development Group Berhad, or simply
EcoWorld Malaysia
is a public listed Malaysian company involved in property development with over 11,000 acres of land bank across the Klang Valley, Iskandar Malaysia, Penang, and Negeri Sembilan, and a total estimated gross development value of RM94 billion.
We have five sizeable and diversified revenue pillars:
Eco Townships
,
Eco Rise
,
Eco Hubs
,
Eco Business Parks
and
QUANTUM
, enabling us to serve all segments of the real estate market.
Eco Townships
offer beautifully designed landed homes amidst lush greeneries and comprehensive lifestyle amenities.
Eco Rise
encompasses our large and growing range of high-rise residential developments as well as our popular and affordable
duduk
apartments for the young and young-at-heart.
Eco Hubs
comprises shop and strata offices as well as retail spaces located within Eco Townships and integrated developments.
Eco Business Parks
, our green industrial parks are crafted to meet the needs of the 21st century industrialists, whether large multinationals or SMEs.
QUANTUM
, offering business parks designed to meet the specific requirements of data centers,
KUALA LUMPUR (May 23): Eco World International Bhd (KL:EWINT) has teamed up with JLand Group (JLG), part of Johor Corporation, for its first project in Malaysia.
They will explore real estate opportunities in both Malaysia and Australia, as Eco World International (EWI) marks its entry into the Malaysian market.
In a statement on Friday, EWI said the non-binding deal executed via JLG Investment Holdings sets the stage for both sides to explore promising projects and find the best ways to work together on land owned or identified by either party.
JLG has expressed interest in EWI’s residential site at Macquarie Park, Australia — a prime location just 18km from Sydney’s central business district.
Meanwhile, EWI is considering involvement in a proposed 300-acre industrial development within Ibrahim Technopolis (IBTEC), JLG’s flagship integrated township in Sedenak, Johor.
Situated within the Johor-Singapore Special Economic Zone (JS-SEZ), IBTEC has secured over RM34 billion in committed investments.
If the deal moves forward, it will be EWI’s first real estate project in Malaysia and support JLG’s regional growth plans.
Datuk Sr Akmal Ahmad, group managing dir
KUALA LUMPUR (May 30): Minority shareholders of Eco World International Bhd or EWI (KL:EWINT) have been advised to support the property developer’s proposals, including ending its collaboration with Eco World Development Group Bhd (KL:ECOWLD), to pave the way for entry into the Malaysian real estate market.
Currently, a collaboration agreement signed in 2016 by both companies restricts EWI from venturing into Malaysia, while EcoWorld is restricted from undertaking any property development or investments in countries other than Malaysia. EWI is 29% owned by EcoWorld.
In its independent advice circular to EWI shareholders on Bursa Malaysia on Friday, MIDF Amanah Investment Bank Bhd recommended that shareholders vote in favour of the resolutions pertaining to the proposals, which will be tabled at EWI’s forthcoming extraordinary general meeting, as it finds them “fair and reasonable”.
According to the independent adviser, the proposed collaboration agreement termination will enable EWI to pivot strategically into a market with more favourable operating conditions.
"While EWI has built a presence in the UK and Australia, prevailing market conditions in these countries,
EcoWorld International unveils new strategy; to rebrand as EWI Capital
PETALING JAYA: Eco World Development Group Bhd (EcoWorld Malaysia) will no longer be confined to building properties only within Malaysia, after its 29%-owned Eco World International Bhd (EWI) announced a new business direction that involves its entry into Malaysia and a name change.
With the loss-making EWI diversifying into Malaysia, EcoWorld Malaysia said it can also “directly explore and pursue compelling investments” in real estate or development projects abroad.
This may include Singapore, where it already has a marketing presence.
However, the statement issued today stopped short of openly mentioning the Australian and UK property markets, where EWI is involved in currently.
At the moment, a collaboration agreement signed in 2016 by both companies restricts EWI from venturing into Malaysia, while EcoWorld Malaysia is restricted from undertaking any property development or investments in countries other than Malaysia.
EWI announced a series of proposals aimed at expanding the group’s geographical scope of operations to broaden its revenue base and accelerate income generation.
These include the