The Board of Directors of EcoWorld Malaysia wishes to announce that Eco Business Park 6 Sdn Bhd (“EBP6SB”) had on 6 September 2023 entered into a conditional sale and purchase agreement with IOI Prima Property Sdn Bhd (“Vendor”) for EBP6SB to acquire the New Land from the Vendor for a purchase consideration of RM211,065,240.67 to be settled in cash (“Proposed Land Acquisition”).
Further details on the Proposed Land Acquisition are set out in the attachment.
This announcement is dated 6 September 2023.