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Eco World International Shares Soar After It Says Cash Distribution Proposal on Track

Por: MarketWatch Business March 23, 2023

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The developer, whose portfolio focuses on the U.K. and Australia, said Wednesday after market close that its net cash position improved to MYR446.2 million as of Jan. 31 from MYR172.5 million at the end of October. Eco World International said net cash is expected to grow even more in the upcoming quarters as funds at its U.K. joint ventures are repatriated. The company reported sales of MYR524 million for the first four months of fiscal 2023... + full article



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