Our website is made possible by displaying non-intrusive online advertisements to our visitors.
Please consider supporting us by disabling or pausing your ad blocker.
With interest rates likely to ease in 2026, the outlook for Malaysia’s property sector looks more positive. That should also spill over to related players, interior design firms like Adnex Group could be among the beneficiaries
If you’ve been watching the property sector, FY2025 was a monster year for EcoWorld Malaysia. They didn’t just meet targets; they crushed them. ?
Here’s the breakdown: ? Sales: RM4.55 Billion (+12%) ? Net Profit: RM445.3 Million (+47%) ? Dividends: A record 7.0 sen per share
Why the surge? It’s not just about selling homes. Their Industrial segment is on fire, locking in massive land deals with tech giants like Microsoft. This pushed Gross Profit margins to 31.6%, leaving them with a massive RM2.28 billion cash pile. ?
What’s next? They are pivoting toward recurring income (hello, data centers!) and have already set a RM4 billion sales target for FY2026.
KUALA LUMPUR (Nov 13): Property developer Eco World Development Group Bhd (KL:ECOWLD) has launched a RM1.878 billion unrated medium-term note (MTN) programme to partly finance the development and land acquisition for its build-to-lease data centre project in Selangor. https://theedgemalaysia.com/node/779678
EcoWorld worked with NS Corp and SD Guthrie on the Eco Business Park 7 project. I’m curious if they also partnered with Adnex Group, the interior design firm, for this development