EcoFirst Consolidated Bhd
MMYX:ECOFIRS0.33
MYR
+0.01
(+3.13%)
ISIN
MYL3557OO005
Return %
Stock
S&P 500
1Y
-5.71
14.20
3Y
-4.35
81.12
5Y
-15.38
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- CEO
- Lik Sin Goh
- Sector
- Finance
- Industry
- Real estate development
- Address
- Kuala Lumpur Malaysia
- IPO Date
- Jan 1, 1984
- Website
- ecofirst.my
- Similar Companies
- Business
- EcoFirst Consolidated Bhd is a Malaysia-based investment holding company primarily engaged in property development, property investment, and property management. The company operates through three principal business segments: Property Development, which engages in the planning, construction, and development of master-planned integrated townships, high-rise residential serviced suites, commercial shop offices, and mixed-use real estate projects, featuring developments such as the multi-phased Ampang Ukay township in Selangor, the KL48 integrated high-rise residential project in Chan Sow Lin, Kuala Lumpur, and the Upper East luxury residential project in Ipoh, Perak; Property Investment, which oversees the ownership, leasing, retail asset management, and commercial operations of retail shopping malls and commercial centers, including the South City Plaza commercial complex in Seri Kembangan, Selangor, and the 1 Segamat Shopping Complex in Johor; and Property Management and Services, which provides facilities maintenance, building management, carpark operations, security coordination, and tenancy administration services across its commercial and residential portfolio. The company primarily serves individual home purchasers, commercial and retail business tenants, and institutional real estate investors across major metropolitan corridors in Peninsular Malaysia, with primary geographic concentration in the Klang Valley, Selangor, Johor, and Perak. Founded in 1973 and headquartered in Petaling Jaya, Selangor, Malaysia, the company conducts its business through various operating subsidiaries, including EcoFirst Development Sdn Bhd, EcoFirst Hartaprima Sdn Bhd, Pujian Bayu Sdn Bhd, and Tunas Juara Sdn Bhd. In recent developments, EcoFirst Consolidated Bhd has advanced its growth strategy through the rollout of its flagship transit-adjacent KL48 high-rise residential project in Kuala Lumpur and the continued phased expansion of its master-planned Ampang Ukay development. The company has also executed strategic land acquisitions in high-density urban corridors across the Klang Valley to replenish its gross development value pipeline, undertaken capital restructuring and debt optimization measures to enhance operational liquidity, and implemented executive leadership reorganizations to streamline project execution and strengthen corporate governance.