Strength Ecoworld
Strength Ecoworld
3rd consecutive year that sales under the EcoWorld Brand has crossed the RM6 billion mark
Eco World International Berhad’s (“EcoWorld International”) projects in the United Kingdom (“UK”) and
Australia recorded sales of RM2 billion (based on exchange rates as at 31 October 2017).
Ecoworld international has announannounced the acquisitions of two new development sites in
Australia and an exciting new joint-venture in the UK with Be Living Holdings Limited (“Be Living”) which
will significantly increase its development presence in Greater London and the South East of England.
In early 2017, we announced a new partnership with the Employees Provident Fund (“EPF”) to jointly
develop Eco Horizon and Eco Sun, totalling 374.6 acres of prime land in Batu Kawan, Penang.
Following last year’s hugely popular Season’s Flower Show that attracted more than 200,000 visitors to
Eco Majestic, we organised the EcoWorld Illuminations Flower Show this year with a spectacular array of
flowers and lights surrounding the Swan Lake. Down south, the annual Bon Odori Festival was held at
Eco Botanic for the third year in a row with an extensive cultural display of Japanese decorations, food
and lively performances.
For our efforts in building a conducive work environment, EcoWorld Malaysia brought home the Aon
“Best of the Best Employers in Malaysia” Award for the second year running.
EcoWorld Malaysia also improved its rankings to break into the Top 5 list of Property Developers in The
Edge Malaysia’s highly sought-after Top Property Developers Awards 2017
The Group as a whole also did well at the StarProperty.my Awards and Putra Brand Awards. We
emerged as a Top 3 Developer in the Reader’s & Voter’s Choice Award by the StarProperty.my and won
Gold in the Property Development Category at the Putra Brand Awards.
Our projects in the Klang Valley and Iskandar Malaysia, namely BBCC, Eco Grandeur, Eco Botanic, Eco
Spring, Eco Summer and EBP I were also honoured with six individual awards at the main
StarProperty.my Awards 2017 and we won another four awards at the StarProperty.my – Jewels of
Johor Awards 2017.
established new partnerships, handed over close to 4,000 new homes and commercial units, launched
three new projects and achieved our RM4 billion sales target for the financial year ended 31 October
2017. The Group now has 18 ongoing projects in Malaysia with a total landbank of 8,126.4 acres bearing
a total gross development value (“GDV”) of RM87.529 billion. As at 31 October, the remaining landbank
for development stands at approximately 5,100 acres with a GDV of RM73.577 billion.
Two new projects in the Klang Valley and one new project in Penang
businesses; and
right opposite the new IKEA store and strategically located off
North-South Highway.
billion, up 15% from FY2016, and profit before tax (“PBT”) of RM282.6
to be in the affordable range. Among the reasons cited for the low
projects due to factors such as distance from work places and low