ECOWLD

2.110

-0.03 (-1.4%)

MULTIPLE PROPOSALS (I) SUBSCRIPTION AND SHAREHOLDERS' AGREEMENT BETWEEN SD GUTHRIE LAND VENTURES SDN BHD, PERMODALAN DARUL TA'ZIM SDN BHD, ECOWORLD AND ECO BUSINESS PARK 8 SDN BHD; (II) ACQUISITION OF APPROXIMATELY 935.241 ACRES OF FREEHOLD LAND LOCATED IN MUKIM KULAI, DAERAH KULAI, JOHOR BY ECO BUSINESS PARK 8 SDN BHD ("LAND ACQUISITION"); AND (III) PROVISION OF FINANCIAL ASSISTANCE TO ECO BUSINESS PARK 8 SDN BHD

ECO WORLD DEVELOPMENT GROUP BERHAD

Type Announcement
Subject MULTIPLE PROPOSALS
Description 
(I)	SUBSCRIPTION AND SHAREHOLDERS' AGREEMENT BETWEEN SD GUTHRIE LAND VENTURES SDN BHD, PERMODALAN DARUL TA'ZIM SDN BHD, ECOWORLD AND ECO BUSINESS PARK 8 SDN BHD; 

(II)	ACQUISITION OF APPROXIMATELY 935.241 ACRES OF FREEHOLD LAND LOCATED IN MUKIM KULAI, DAERAH KULAI, JOHOR BY ECO BUSINESS PARK 8 SDN BHD ("LAND ACQUISITION"); AND 

(III)	PROVISION OF FINANCIAL ASSISTANCE TO ECO BUSINESS PARK 8 SDN BHD

We refer to the announcements dated 19 November 2025, 2 December 2025 and 12 June 2026 in relation to the above proposals ("Announcements"). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.

 

The Board of Directors of Eco World Development Group Berhad wishes to announce that the Land Acquisition has been completed today pursuant to the terms of the SPA.

 

This announcement is dated 26 June 2026.



Announcement Info

Company Name ECO WORLD DEVELOPMENT GROUP BERHAD
Stock Name ECOWLD
Date Announced 26 Jun 2026
Category General Announcement for PLC
Reference Number GA1-24062026-00009


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