【ECOFIRS 3557 交流专区】益可第一

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 30 Nov 2019

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Nov 2019	30 Nov 2018	30 Nov 2019	30 Nov 2018
		$$'000	$$'000	$$'000	$$'000

1	Revenue	48,484	57,286	82,395	102,004
2	Profit/(loss) before tax	9,302	5,203	11,939	11,268
3	Profit/(loss) for the period	8,119	4,059	9,617	8,747
4	Profit/(loss) attributable to ordinary equity holders of the parent	8,122	4,064	9,623	8,758
5	Basic earnings/(loss) per share (Subunit)	1.02	0.51	1.21	1.09
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	0.4290		0.4125

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 29 Feb 2020

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		29 Feb 2020	28 Feb 2019	29 Feb 2020	28 Feb 2019
		$$'000	$$'000	$$'000	$$'000

1	Revenue	43,301	57,491	125,696	159,495
2	Profit/(loss) before tax	8,845	7,983	20,784	19,251
3	Profit/(loss) for the period	5,361	6,706	14,978	15,453
4	Profit/(loss) attributable to ordinary equity holders of the parent	5,365	6,713	14,988	15,471
5	Basic earnings/(loss) per share (Subunit)	0.67	0.84	1.88	1.93
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	0.4355		0.4125

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 31 May 2020

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31 May 2020	31 May 2019	31 May 2020	31 May 2019
		$$'000	$$'000	$$'000	$$'000

1	Revenue	24,097	61,789	149,793	221,284
2	Profit/(loss) before tax	1,901	12,302	22,685	31,553
3	Profit/(loss) for the period	1,367	7,596	16,345	23,049
4	Profit/(loss) attributable to ordinary equity holders of the parent	1,301	7,143	16,289	22,614
5	Basic earnings/(loss) per share (Subunit)	0.16	0.89	2.06	2.82
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	0.4283		0.4125

icy97

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	ECOFIRST CONSOLIDATED BHD ("ECB" OR "THE COMPANY") - PROPOSED ACQUISITION BY ECOFIRST WORLDWIDE SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF ECB, OF ALL THAT PIECE OF LEASEHOLD LAND MEASURING AN AREA APPROXIMATELY 19,243 SQUARE METRES HELD UNDER PN 115434 LOT 87187 (FORMERLY HELD UNDER H.S.(D) 260105 PT 23658) MUKIM BUKIT RAJA, DAERAH PETALING, NEGERI SELANGOR
The Board of Directors of ECB wishes to announce that EcoFirst Worldwide Sdn Bhd [Registration No. 200801002970 (804254-X)], a wholly-owned subsidiary of the Company, had on 15 October 2020 entered into a conditional sale and purchase agreement (“SPA”) with Modern Peak Sdn Bhd [Registration No. 199401024727 (310405-A)] for the acquisition of all that piece of leasehold land measuring an area approximately 19,243 square metres held under PN 115434 Lot 87187 (formerly held under H.S.(D) 260105 PT 23658) Mukim Bukit Raja, Daerah Petaling, Negeri Selangor for a purchase consideration RM42,000,000.00 (Ringgit Malaysia Forty Two Million) only subject to terms and conditions as contained in the SPA (“Proposed Acquisition”). Please refer to the attachment for further details on the Proposed Acquisition. This announcement is dated 15 October 2020.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3096628

Attachments Proposed Acq-U9 Project-final.pdf

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 31 Aug 2020

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31 Aug 2020	31 Aug 2019	31 Aug 2020	31 Aug 2019
		$$'000	$$'000	$$'000	$$'000

1	Revenue	16,177	33,911	16,177	33,911
2	Profit/(loss) before tax	179	2,637	179	2,637
3	Profit/(loss) for the period	172	1,498	172	1,498
4	Profit/(loss) attributable to ordinary equity holders of the parent	176	1,501	176	1,501
5	Basic earnings/(loss) per share (Subunit)	0.02	0.19	0.02	0.19
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	0.4394		0.4392

Type	Announcement
Subject	NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING
Description	PROPOSED PRIVATE PLACEMENT OF UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF ECOFIRST (EXCLUDING TREASURY SHARES) IN ACCORDANCE WITH THE GENERAL MANDATE PURSUANT TO SECTION 75 AND SECTION 76 OF THE COMPANIES ACT 2016 ("PROPOSED PRIVATE PLACEMENT")
On behalf of the Board of Directors of EcoFirst (“Board”), AmInvestment Bank Berhad (“AmInvestment Bank”) wishes to announce that EcoFirst is proposing to undertake a private placement of up to 10% of the total number of issued shares of EcoFirst (excluding treasury shares). Kindly refer to the attachment for the details of the Proposed Private Placement.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3113958

Attachments ECOFIRST (Announcement).pdf

ECOFIRST CONSOLIDATED BHD

1. Details of Corporate Proposal
Involve issuance of new type/class of securities ?	No
Types of corporate proposal	Private Placement
Details of corporate proposal	ECOFIRST CONSOLIDATED BHD ("ECOFIRST" OR "COMPANY") PROPOSED PRIVATE PLACEMENT OF UP TO 10% OF THE TOTAL NUMBER OF SSUED SHARES OF ECOFIRST (EXCLUDING TREASURY SHARES) IN ACCORDANCE WITH THE GENERAL MANDATE PURSUANT TO SECTION 75 AND SECTION 76 OF THE COMPANIES ACT 2016 ("PROPOSED PRIVATE PLACEMENT")
No. of shares issued under this corporate proposal	27,694,500
Issue price per share ($$)	Malaysian Ringgit (MYR)   0.3600
Par Value($$) (if applicable)
Latest issued share capital after the above corporate proposal in the following
Units	836,299,989
Issued Share Capital ($$)	Malaysian Ringgit (MYR) 139,555,273.000
Listing Date	15 Jan 2021

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	ECOFIRST CONSOLIDATED BHD ("ECOFIRST" OR "COMPANY")PROPOSED ACQUISITION BY OPAL HORIZON SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF ECOFIRST, OF 7 PARCELS OF LAND LOCATED AT MUKIM SUNGAI BULOH, DAERAH PETALING, SELANGOR FOR A TOTAL CONSIDERATION OF RM70.0 MILLION ("PROPOSED LAND ACQUISITION")
This announcement is dated 18 January 2021 (“Announcement”). On behalf of the Board of Directors of EcoFirst (“Board”), AmInvestment Bank Berhad (“AmInvestment Bank”) wishes to announce that Opal Horizon Sdn Bhd (“OHSB”) (Registration No. 200301021859 (624279-P)), a wholly-owned subsidiary of the Company, had on 18 January 2021, entered into a conditional sale and purchase agreement (“SPA”) with Radiant Nature Sdn Bhd (“RNSB” or the “Vendor”) (Registration No. 200101028840 (564598-P)) to acquire 7 parcels of land (collectively, referred to as the “Land”) located in Mukim Sungai Buloh, Daerah Petaling, Selangor for a total consideration of RM70.0 million (“Purchase Consideration”), subject to the terms of the SPA. Kindly refer to the attachment for the details of the Proposed Land Acquisition.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3122093

Attachments Proposed Land Acquisition.pdf

SUMMARY OF KEY FINANCIAL INFORMATION 30 Nov 2020

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Nov 2020	30 Nov 2019	30 Nov 2020	30 Nov 2019
		$$'000	$$'000	$$'000	$$'000

1	Revenue	7,838	48,484	24,015	82,395
2	Profit/(loss) before tax	2,170	9,302	2,349	11,939
3	Profit/(loss) for the period	2,032	8,119	2,204	9,617
4	Profit/(loss) attributable to ordinary equity holders of the parent	2,028	8,116	2,196	9,611
5	Basic earnings/(loss) per share (Subunit)	0.25	1.02	0.27	1.20
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	0.4420		0.4392

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 31 Aug 2021

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31 Aug 2021	31 Aug 2020	31 Aug 2021	31 Aug 2020
		$$'000	$$'000	$$'000	$$'000

1	Revenue	2,717	16,177	2,717	16,177
2	Profit/(loss) before tax	-2,102	51	-2,102	51
3	Profit/(loss) for the period	-2,102	44	-2,102	44
4	Profit/(loss) attributable to ordinary equity holders of the parent	-2,100	48	-2,100	48
5	Basic earnings/(loss) per share (Subunit)	-0.20	0.01	-0.20	0.01
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	0.4216		0.4431

icy97

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS
Description	ECOFIRST CONSOLIDATED BHD ("ECOFIRST" OR THE "COMPANY")PROPOSED ACQUISITION OF THE REMAINING 49% EQUITY INTEREST IN BCM HOLDINGS SDN BHD ("BCM") NOT OWNED BY ECOFIRST FOR A CASH CONSIDERATION OF RM78.4 MILLION ("PROPOSED BCM ACQUISITION")
On behalf of the Board of Directors of EcoFirst (“Board”), Malacca Securities Sdn Bhd (“Malacca Securities”) wishes to announce that EcoFirst had on 23 September 2022, entered into a conditional share sale agreement with Tan You Tiong (“Mr Tan”) (“Vendor”) for the proposed acquisition of the remaining 49% equity interests in BCM comprising of 980,000 ordinary shares (“BCM Shares”) and 1,960,000 redeemable convertible preference shares (“BCM RCPS”) (collectively, the “Sale Securities”) of the proforma issued share capital of the Company upon completion of the Proposed BCM Selective Capital Reduction (as defined in Section 2.1 below), for a cash consideration of RM78.4 million (“Purchase Consideration”) (“SSA”), subject to the terms and conditions of the SSA. Further details of the Proposed BCM Acquisition are set out in the enclosed attachment. This announcement is dated 23 September 2022.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3294253

Attachments Ecofirst- Proposed BCM Announcement.pdf

icy97

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	ECOFIRST CONSOLIDATED BHD ("ECB" OR "COMPANY")PROPOSED DISPOSAL BY ECOFIRST OPAL SDN BHD ("EOSB"), A SUBSIDIARY OF ECB OF ITS ENTIRE EQUITY INTEREST IN ECOFIRST HORIZON SDN BHD ("EHSB") TO URBANSONIC SDN BHD ("USB")
Reference is made to the Company’s announcement date 27 December 2021 in relation to the Proposed Subscription. The Board of Directors of ECB wishes to announce that ECB and EOSB had on 7 October 2022, entered into a conditional share sale agreement (“SSA”) with USB for the disposal of USB’s entire 26.0% equity interest in EOSB to ECB for a total cash consideration of RM26 and the simultaneous disposal by EOSB of its entire 51.0% equity interest in EHSB to USB for a total cash consideration of RM2,500,100, subject to the terms of the SSA (“Proposed EHSB Disposal”). Please refer to the attachment for further details on the Proposed EHSB Disposal. This announcement is dated 7 October 2022.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3298004

Attachments Proposed EHSB Disposal - 7.10.2022.pdf

icy97

Type	Reply to Query
Reply to Bursa Malaysia's Query Letter - Reference ID	IQL-12102022-00001
Subject	PROPOSED DISPOSAL BY ECOFIRST OPAL SDN BHD (EOSB), A SUBSIDIARY OF ECB OF ITS ENTIRE EQUITY INTEREST IN ECOFIRST HORIZON SDN BHD (EHSB) TO URBANSONIC SDN BHD (USB)
Description	ECOFIRST CONSOLIDATED BHD ("ECB" OR "COMPANY")PROPOSED DISPOSAL BY ECOFIRST OPAL SDN BHD ("EOSB"), A SUBSIDIARY OF ECB OF ITS ENTIRE EQUITY INTEREST IN ECOFIRST HORIZON SDN BHD ("EHSB") TO URBANSONIC SDN BHD ("USB")
Query Letter Contents	We refer to your Company's announcement dated 7 October 2022, in respect of the aforesaid matter. In this connection, kindly furnish Bursa Malaysia Securities Berhad with the following additional information for public release:- 1. Based on your announcements dated 27 December 2021 and 7 October 2022, there is lack of clarity or comprehensiveness of material information on the disposal of the entire interest in EHSB to USB.  Please review and provide some pertinent background information on the entire disposal of EHSB, including but not limited to, the advances made by USB, how will it be novated via the Novation Agreement eventually, date of the agreement. This is important to provide your shareholders with greater visibility on the rationale by ECB to structure the disposal transactions in this manner and whether the disposal of EHSB is in the best interest and not detrimental to the shareholders. 2. To provide a comprehensive commentary on the fairness and reasonableness for the ECB Group to dispose of the entire equity interest in EHSB to USB for a disposal consideration of RM2.5 million by taking into consideration of the following: (a) Effectively, the Proposed EHSB Disposal is undertaken to dispose of the ECB Group’s interests in the Damai Land to USB, of which the Land recorded a net book value of RM72.89 million (based on the unaudited financial statements of EHSB as at 31 May 2022) and EHSB is the legal and beneficial owner of the Land; and (b) The ECB Group had previously acquired the Damai Land in 2021 from Radiant Nature Sdn Bhd for a total consideration of RM70 million. 3. Based on ECB’s announcement dated 18 Jan 2021, it was noted that the rationale for the proposed Damai Land acquisition include, among others, the following: (a) The Proposed Land Acquisition is in tandem with the strategy of the Group to increase its land bank in Klang Valley where demand remains resilient due to population and economic growth, to enhance its future revenue and earnings; and (b) The Group is of the view that the Proposed Land Acquisition has come at an opportune time for the Group to increase its landbank within an area currently being developed to incorporate a MRT2 station. Given the strategic location of the Land, the Group is confident that the development of the Land, as and when it materialised will bode well for the Group’s earnings. However, the ECB Group has decided to dispose of the Land within a short span of less than 1 year to recover its capital outlay used for the Land so that the total proceeds of approximately RM27.4 million could be partly used to settle the balance sum of RM28.4 million pursuant to the Proposed BCM Acquisition. Please share and disclose the benefits or commercial merits for the ECB Group to undertake the Proposed BCM Acquisition at this juncture and forgo the development prospect of the Land and/or potential appreciation in the value of the Land in future. 4. Please clarify the reasonableness of the 36-month timeframe stated for the intended utilisation of RM10 million for the Proposed BCM Acquisition by taking into account the disclosure in Note (ii) which states that the balance sum of RM28.4 million is expected to be paid by 1st quarter of 2024 (“Q1 2024”). 5. Under Section 2.5 of the Announcement, it was disclosed, among others, that USB had invested into EHSB with anticipation that ECB will commence on projects together with USB in the 1st quarter of 2022 but such plans had been delayed. In this respect, please disclose the reason(s) for the delay.
Reference is made to the Company’s announcement 7 October 2022 in relation to the Proposed EHSB Disposal (“Earlier Announcement”). Unless stated otherwise, abbreviations and definitions used throughout this announcement shall bear the same meaning as those defined in the Earlier Announcement. Please refer to the attachment for details of the announcement. This announcement is dated 13 October 2022.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3299164

Attachments ECB Replies to queries 13.10.2022.pdf

icy97

ECOFIRST CONSOLIDATED BHD

Date of change	14 Sep 2023
Name	DATO' TEOH SENG KIAN
Age	63
Gender	Male
Nationality	Malaysia
Designation	Executive Director
Directorate	Executive
Type of change	Appointment

Qualifications

No	Qualifications	Major/Field of Study	Institute/University	Additional Information
1	Degree	Bachelor of Engineering in Mechanical Engineering	The University of Sydney

Working experience and occupation	Dato' Teoh Seng Kian was appointed as Alternate Director to Dato' (Dr) Teoh Seng Foo, the President / Executive Director of the Company on 1 December 2009. He started his career with an Australian company specialising in manufacturing of building materials. Upon returning to Malaysia, he served as a director in a company involved in quarrying and infrastructure construction. He had been with the Meridian Berhad Group since 1993 as the Group Project Director and became the Executive Director / Managing Director of Meridian Berhad, a position he held until his resignation on 31 July 2019.
Directorships in public companies and listed issuers (if any)	None
Family relationship with any director and/or major shareholder of the listed issuer	Brother of Dato' (Dr) Teoh Seng Foo, the President / Executive Director of the Company and Mr Teoh Seng Aun, the director of major subsidiaries of the Company as well as a substantial shareholder of the Company.
Any conflict of interests that he/she has with the listed issuer	None
Details of any interest in the securities of the listed issuer or its subsidiaries	Direct Interest - 64,004,632 Ordinary Shares (5.302%)Indirect Interest - Nil Direct Interest - 73,767,116 Warrants 2021/2026 (17.421%)Indirect Interest held by spouse - 76,000 Warrants 2021/2026 (0.018%)

icy97

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	ECOFIRST CONSOLIDATED BHD ("ECB" OR "THE COMPANY")- PROPOSED DISPOSAL BY ECOFIRST WORLDWIDE SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF ECB, OF ALL THAT PIECE OF LEASEHOLD LAND MEASURING AN AREA APPROXIMATELY 19,243 SQUARE METRES HELD UNDER PN 115434 LOT 87187 (FORMERLY HELD UNDER H.S.(D) 260105 PT 23658), MUKIM BUKIT RAJA, DAERAH PETALING, NEGERI SELANGOR
The Board of Directors of ECB wishes to announce that EcoFirst Worldwide Sdn. Bhd. [Registration No. 200801002970 (804254-X)], a wholly-owned subsidiary of ECB had on 4 March 2024 entered into a Sale and Purchase Agreement (“SPA”) with HCK Estates Sdn. Bhd. [Registration No. 201801021514 (1283533-W)] to dispose all that piece of leasehold land measuring an area approximately 19,243 square metres held under PN 115434 Lot 87187 (formerly held under H.S.(D) 260105 PT 23658), Mukim Bukit Raja, Daerah Petaling, Negeri Selangor for a cash consideration of RM34,000,000.00 (Ringgit Malaysia Thirty Four Million) only subject to the terms and conditions as contained in the SPA (“Proposed Disposal”). Please refer to the attachment for further details on the Proposed Disposal. This announcement is dated 4 March 2024.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3427909

Attachments ECB-Proposed Disposal of U9 Land.pdf