GuocoLand to take 27% stake in Malaysia property developer Eco Word IPO

GuocoLand to take 27% stake in Malaysia property developer Eco Word IPO

Eco World is a premium property developer in Malaysia, with projects in the UK and Australia.

Singapore-listed GuocoLand Ltd will subscribe to 27 per cent stake in Malaysian property developer Eco World International Bhd’s (EWI) initial public offering (IPO) in a move to expand into countries like UK and Australia while riding on the latter’s global footprint.

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