ECOWLD

2.150

-0.04 (-1.8%)

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

We refer to the announcements dated 19 November 2025 and 2 December 2025 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 SPA became unconditional on 11 June 2026. Accordingly, the Amended and Restated SSA became effective on the same date.

This announcement is dated 12 June 2026.



Announcement Info

Company Name ECO WORLD DEVELOPMENT GROUP BERHAD
Stock Name ECOWLD
Date Announced 12 Jun 2026
Category General Announcement for PLC
Reference Number GA1-11062026-00044


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