Eco World Development Group Berhad - Company Profile
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Eco World Development Group Berhad (EcoWorld) is a property developer. The company’s property portfolio comprises new townships, integrated commercial developments, luxury high-rise apartments, and green business parks. EcoWorld, through its subsidiaries, carries out a supply of building materials; promotion, marketing, and other activities related to property management, project management, and building and construction services. The company primarily develops properties in Malaysian regions such as Klang Valley, Iskandar Malaysia, and Penang. Its major projects in Malaysia include Eco Sky, Eco Sanctuary, Eco Grandeur, Bukit Bintang City Centre, Eco Ardence, Eco Botanic, Eco Meadows, and Eco Horizon amongst others. It also carries out businesses in Australia and the UK. The company’s key international projects include Third and Card, Oxbow, Verdo, West Village, Yarra One, among others. EcoWorld is headquartered in Kuala Lumpur, Selangor, Malaysia.
Headquarters
Malaysia
Address
Unit No. 19-01, Menara Ecoworld,, Bukit Bintang City Centre, No. 2, Jalan, Kuala Lumpur, Selangor, 55100
Website
ecoworld.my
Telephone
60 3 21104255
No of Employees
1,070
Industry
Construction
Ticker Symbol & Exchange
ECOWLD (KUL)
Revenue (2024)
$495.5M
1.4%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
60.3%
(2024 vs 2023)
Market Cap*
$1.7B
Net Profit Margin (2024)
XYZ
58.1%
(2024 vs 2023)
* As of and is in US$
Eco World Development Group Berhad premium industry data and analytics
Products and Services
| Services | Brands |
|---|---|
| Property Development | Duduk |
| Property Management | EcoWorld |
| Property Investment |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Contracts/Agreements | In April, the company entered into an agreement with SD Guthrie Berhad and NS Corporation to develop Landmark Industrial Park in Bukit Pelandok, Negeri Sembilan, Malaysia. |
| 2025 | Contracts/Agreements | In March, the company signed a sale and purchase agreement with Deye New Energy Technology to sell 32.9 acres of industrial land for RM119 million in Senai, Iskandar Malaysia. |
| 2025 | Acquisitions/Mergers/Takeovers | In February, the company acquired the remaining 40% stake in Paragon Pinnacle Sdn Bhd from the Employees Provident Fund subsidiary, Tanjung Wibawa Sdn Bhd, for RM184.08 million. |
Competitor Comparison
| Key Parameters | Eco World Development Group Berhad | IJM Corp Bhd | WCT Holdings Bhd | LBS Bina Group Berhad | TRC Synergy Berhad |
|---|---|---|---|---|---|
| Headquarters | Malaysia | Malaysia | Malaysia | Malaysia | Malaysia |
| City | Kuala Lumpur | Selangor Darul Ehsan | Petaling Jaya | Petaling Jaya | Ampang |
| State/Province | Selangor | Negeri Sembilan | Selangor | Selangor | Kuala Lumpur (Federal Territory of) |
| No. of Employees | 1,070 | 3,603 | 2,212 | 476 | 225 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Chang Khim Wah | President; Chief Executive Officer; Director | Executive Board | 2013 | 60 |
| Datuk Heah Kok Boon | Chief Financial Officer; Director | Executive Board | 2013 | 57 |
| Liew Kee Sin | Chairman | Non Executive Board | 2015 | 66 |
| Liew Tian Xiong | Deputy President; Director; Deputy Chief Executive Officer | Executive Board | 2013 | 33 |
| Ho Kwee Hong | General Manager - Eco Central Division | Senior Management | 2016 | 49 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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