Report
EUR 14.32 For Business Accounts Only

ECO WORLD DEV.GROUP reduced its risk exposure resulting in an upgrade to Slightly Positive

ECO WORLD DEV.GROUP (MY), a company active in the Real Estate Holding & Development industry, reduced its market risk and raised its general evaluation. The independent financial analyst theScreener awarded an improved star rating to the company, which now shows 1 out of 4 possible stars; its market behaviour has improved and can be considered as defensive. theScreener believes that this new assessment merits an overall rating upgrade to Slightly Positive. As of the analysis date December 10, 2021, the closing price was MYR 0.84 and its potential was estimated at MYR 1.05.
Underlying
Eco World Development Group

Eco World Development Group Berhad is a Malaysia-based investment holding company. The Company has secured approximately 8,000 acres of land bank. The Company operates in three economic regions with approximately 20 development projects in total that include new townships, integrated commercial developments, luxury high-rise apartments and green business parks. The Company's Eco Forest is approximately 510 acres enclave is a green wonderland anchored by a Central Park and soothing lakes. Its Bukit Bintang City Centre (BBCC) is situated on approximately 20 acres within the Golden Triangle. Its Eco Sanctuary is approximately 310 acres eco-themed township. Its Eco Business Park 1 is an integrated industrial hub built and is located in E zone in Iskandar. Its Eco Grandeur on the North-West corridor of the Klang Valley which is approximately 1,400 acres mass township. Its other properties include Embassy Gardens, London City Island, Wardian London and West Village.

Provider
TheScreener
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