Eco World Raises RM850 Million Through Sukuk Issuance To Fund Land Acquisitions
Eco World Development Group Bhd raised RM850 million through a Sukuk Wakalah issuance. The proceeds will be used for working capital, capital expenditure, land acquisitions and corporate purposes. The issuance was completed by its subsidiary Eco World Capital Bhd.
What it means for buyers, tenants and investorsShareholders and buyers of Eco World's projects can check how the raised funds will be allocated to support the company's growth and development plans.
What it means for Japanese buyers
Eco World Development Group Bhd raised RM850 million through a Sukuk Wakalah issuance.
This may affect Japanese buyers of Eco World's projects, who can check how the funds will be used.
Japanese buyers should note that foreigners can buy most kinds of property in Malaysia, but each state sets a minimum purchase price, such as RM1 million in Kuala Lumpur.
Written by AI from the original headline and summary and from published rules. Check figures and conditions with the original report and official sources. This is not investment advice.
Key facts
| Companies | Eco World |
|---|---|
| Areas | Nationwide |
| Section | Investment & REITs |
| Date | |
| Source | Business Today ↗ |
Related guides
Related properties and areas
From our guidesMore guides →
Our own explainers on renting, buying and investing in Malaysian property: the steps, the costs and the rules.
GuideBuying & investing9 Checks When Choosing a Condo in KL: MRT Access, Management and Flood Risk
GuideBuying & investingBuying Subsale in Malaysia: 7 Common Mistakes to Avoid
GuideBuying & investing6 Checks Before Buying a New Launch: How to Avoid Abandoned Projects in Malaysia
GuideBuying & investingHow Foreigners Buy Property in Malaysia 2026: 7 Steps
Related news
- MBSB Backs Sunway REIT For 2027 Despite 3Q26 Profit Dip
- IOIPG Malaysia REIT IPO Offers 12.5% Upside At RM1.08 Fair Value Ahead Of Nov 25 Listing
- Hektar REIT Cancels EGM For Proposed International School Acquisition
- YNH Says Resolving Funding Priorities, After MARC Places RM170 Million Sukuk Rating Under Negative Watch
- Datuk Robert Tan Deemed Interest In IGB REIT Rises Following New Unit Issuance
