Please ask Ecosky give you more discount, as you help alot promoting their property.

But those information is listed down there. Just that not many read thoroughly.

Final countdown on 22/9.....

Looks like Developer is getting redy with $ for future growth

http://www.bursamalaysia.com/market/listed...cements/1409513

It is just a matter of time the Eco World goes listed in a possible fastest way to establish themselves at the top.

The timing matters the most. Several days before the simultaneous launchings EcoSky and EcoBot. These people are very strategic in carving every steps....

Securing Focal Aim also mean more lands???

Tq

EcoWorld may possibly buy out Focal Aims' public portion and do a reverse takeover for the listing status.

EcoWorld is obliged to buy the remaining shares it does now own

They already have enough land bank for immediate launches for the next 15 years and all the lands they secured recently was at fair price and not those high price deals for immediate high pricing launches.

I foresee they would try to get more lands especially in the Northern side as they had accumulate quite some great parcels of land in Southern.

Meanwhile in KV, I hope Semenyih would not only be their sole township. If got anything near to Eco Botanic's theme in KV, it would be a great buy.

Yup, agree. EcoBotanic concept is very good. Hope KV have land space for such development.

I think I'm in for this.
Rm10k is refundable?

Of coz yes if you didn't kena....

Anyone know EcoBotanic price?

Yes... Anyone know about Ecobotanic Price?

900k +

Tan Sri coming back strong

Eco World buys into Focal Aims
Posted on September 18, 2013 - Featured, Property News.
The deal could pave the way for a reverse takeover

By Ng Bei Shan and John Loh | starbiz@thestar.com.my




Little-known Focal Aims Holdings Bhd has emerged as the most likely candidate for a reverse takeover of Eco World Development Sdn Bhd, disproving earlier theories that Salcon Bhd would be used as the vehicle for Tan Sri Liew Kee Sin’s comeback post-SP Setia Bhd.

Johor-based Focal Aims told the stock exchange yesterday that its major shareholders had inked a conditional share sale pact with Eco World Development Holdings Sdn Bhd (EWDH) and Liew Tian Xiong for 164.78 million shares at RM1.40 apiece, valuing the exercise at RM230.69mil.

EWDH, previously known as Maple Quay Sdn Bhd, controls 50% of Eco World and is owned by Tan Sri Abdul Rashid Abdul Manaf and Datuk Eddie Leong Kok Wah – former directors of SP Setia and close associates of Liew. Tian Xiong is Liew’s eldest son.

The takeover by EWDH would make it Focal Aims’ largest shareholder with a 65.05% stake and is expected to trigger a mandatory general offer (MGO) for the company.

However, an MGO had yet to be extended, pending the completion of a one-month due diligence, Focal Aims said in its filing.

The RM1.40 offer values Focal Aims at a premium of 35% to its Friday closing price of 91 sen and 11% to its net asset value per share of RM1.26 as at June 30.

Investors jumped at the chance to trade in the stock, giving it a massive gain of 33 sen, or 36.26%, to RM1.24, with 1.4 million shares traded. This was the counter’s best performance since 1996 when it touched RM13.

Focal Aims hit limit up after trading was halted for an hour in the morning.



According to people close to the matter, EWDH plans to first acquire shares in Focal Aims and follow that with an injection of Eco World’s assets into Focal Aims.

“This is a faster way to grow for Eco World than the traditional listing route, which requires a proven track record of three to four years,” a source told StarBiz, adding that the decision to buy out Focal Aims was made suddenly and put together over the weekend.

Despite the MGO, Focal Aims’ listing status would remain, the source added.

Focal Aims’ key asset is its 1,011ha Kota Masai township in Iskandar Malaysia.

The company, which had been loss-making for three years until it turned in a profit for the financial year ended Sept 30, 2012, also owns vacant freehold land in Plentong, Johor Baru, measuring 426ha. The land, mostly acquired in 1994 for what must be a bargain at today’s prices, was valued at RM302.64mil as of September 2012, according to Focal Aims’ annual report.

It is understood that Focal Aims was chosen as the vehicle because water treatment specialist Salcon, in which Leong has a 13.18% interest, did not have a track record in property development.

Salcon, which has joint-venture agreements with Eco World to develop property in Johor, last week sold its water assets in China for RM518mil.

Eco World came into sharp focus earlier this year after the company purchased a staggering 1,214ha for some RM600mil, a feat even listed developers would find hard to stomach.

The gross development value of this land-bank is estimated to be worth RM30bil, eclipsing that of some established players.

Analysts believe that an amalgamation of Focal Aims and Eco World, if it pans out, could make the combined entity an attractive stock, given its quality land-bank and close ties to SP Setia, where a number of executives have left to join Eco World. Liew himself is expected to leave before his contract expires in 2015.

Dear taikors, I have been doing some site survey around ES. My main concern is the smell of rubbish. These few days I have passed by surroundings of ES purposely, just to get the feel of how severe the smell of rubbish. In morning, afternoon or night, the rubbish smell is randomly there. Not always there, but quite frequent.

For those taikors who are planning for investment or flip maybe still ok. If want to buy for own stay? Always close window? Any concern by others out there? Any bright ideas? Thanks.

Cluster Homes
Davenham 32x70 RM 990k onwards
Featherstone 35x70 RM 1.06mil onwards
Aldingham 32x80 RM 1.01 mil onwards
Coleshill 35x80 RM 1.3 mil onwards

Semi D
Eastwell 40x80 RM 1.8mil onwards
Greenlands 40x80 RM 1.9mil onwards

I like the sizes of 35" width but design, Coleshill is the best among 4 types of clusters, fully met the classical English themes. Based on price, I prefer Featherstone and Aldingham. For Semi D, Eastwell is quite luxury and noce layout.