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EcoWorld’s 4Q net profit down 43%, achieves RM3.5b annual sales

Eco World Development Bhd (EcoWorld)’s net profit dropped 42.72% to RM42.84 million for the fourth quarter ended Oct 31, 2021 (4QFY21), from RM72.27 million a year ago, on lower contribution from its Malaysian joint ventures (JVs) and its international arm Eco World International Bhd (EWI) due to the lockdown.

Rehda's major request: Extend the Home Ownership Campaign

At a joint press conference by Rehda and Rehda Institute on Thursday (Dec 16) titled "Current issues facing the marketing and sales of properties in Malaysia", he said: "In 2022, we still wouldn't be back to that level. So, given that the economic scenario is challenging, one of our major requests is to extend the Home Ownership Campaign (HOC), so that economic growth can continue and the sector can be supported in the coming year.

Samaiden gets EPCC contract worth RM98.15m

In a bourse filing on Thursday (Dec 16), the firm said its unit Samaiden Sdn Bhd had accepted a letter of award from Ramatex Textiles Industrial Sdn Bhd for the contract