Stronger FY20 earnings seen for Eco World International
Eco World International Bhd (Dec 13, RM1) Downgrade to hold with a higher target price (TP) of RM1.
Eco World International Bhd (Dec 13, RM1) Downgrade to hold with a higher target price (TP) of RM1.
KUALA LUMPUR (Dec 12): After achieving its strongest financial showing in its financial year ended Oct 31, 2019 (FY2019), Eco World Development Group Bhd (EcoWorld Malaysia) believes the best is yet to come for the company.
KUALA LUMPUR (Dec 11): Eco World Development Group Bhd (EcoWorld)'s shares leaped as much 12.
KUALA LUMPUR (Aug 24): Shareholders of Eco World International Bhd (EWI) can expect to receive dividends by FY2020 at the latest, The Edge Malaysia reported in its latest issue.
Despite Brexit uncertainties in the UK, Eco World International Bhd (EWI) has positioned itself as a key player in the robust build-to-rent (BTR) housing sector, whilst it keeps an eye on the open market sales (OMS).
LONDON (Aug 16): Eco World International Bhd (EWI), which has achieved an average take-up rate of 89% for its nine active projects in London, UK, is maintaining its momentum with the launch of the second block of Verdo apartments at its Kew Bridge development in West London.
LONDON (Aug 15): In line with its target to manage 10,000 build-to-rent (BTR) homes in the UK, Eco World International Bhd (EWI) is targeting to increase its BTR portfolio to 4,450 homes by 2020.
KUALA LUMPUR (April 12): Eco World International Bhd is buying the remaining 20% it does not own in an Australian joint venture (JV) company with Salcon Bhd for A$4.
KUALA LUMPUR (March 28): Eco World International Bhd (EWI) achieved a net profit of RM22.
IJOK (March 27): EcoWorld Development Group Bhd’s 27%-associate Eco World International (EWI) is currently in talks with various institutional funds to expand its built-to-rent (BtR) segment in the United Kingdom.