MULTIPLE PROPOSALS (I) SUBSCRIPTION AND SHAREHOLDERS' AGREEMENT BETWEEN SD GUTHRIE LAND VENTURES SDN BHD, PERMODALAN DARUL TA'ZIM SDN BHD, ECO WORLD DEVELOPMENT GROUP BERHAD AND ECO BUSINESS PARK 8 SDN BHD; (II) PROPOSED ACQUISITION OF APPROXIMATELY 935.241 ACRES OF FREEHOLD LAND LOCATED IN MUKIM KULAI, DAERAH KULAI, JOHOR BY ECO BUSINESS PARK 8 SDN BHD; AND (III) PROPOSED 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, ECO WORLD DEVELOPMENT GROUP BERHAD AND ECO BUSINESS PARK 8 SDN BHD; (II) PROPOSED ACQUISITION OF APPROXIMATELY 935.241 ACRES OF FREEHOLD LAND LOCATED IN MUKIM KULAI, DAERAH KULAI, JOHOR BY ECO BUSINESS PARK 8 SDN BHD; AND (III) PROPOSED PROVISION OF FINANCIAL ASSISTANCE TO ECO BUSINESS PARK 8 SDN BHD |
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We refer to the announcement dated 19 November 2025 in relation to the above proposals (“Initial Announcement”). Unless otherwise stated, the definitions used in this announcement shall have the same meanings as in the Initial Announcement.
The Board of Directors of Eco World Development Group Berhad wishes to update that EcoWorld, SDGLV, PDT and EBP8SB had on 2 December 2025 entered into an amended and restated subscription and shareholders’ agreement to amend certain terms of the SSA.
Further details are set out in the attachment.
This announcement is dated 2 December 2025. |
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Please refer attachment below.
Announcement Info
| Company Name | ECO WORLD DEVELOPMENT GROUP BERHAD |
| Stock Name | ECOWLD |
| Date Announced | 02 Dec 2025 |
| Category | General Announcement for PLC |
| Reference Number | GA1-30112025-00002 |