{"id":139,"date":"2026-01-20T17:41:11","date_gmt":"2026-01-20T17:41:11","guid":{"rendered":"https:\/\/malaysian-business.com\/wptest\/2026\/01\/20\/guocoland-buys-stakes-in-eco-world-international\/"},"modified":"2026-01-23T18:20:23","modified_gmt":"2026-01-23T18:20:23","slug":"guocoland-buys-stakes-in-eco-world-international","status":"publish","type":"post","link":"https:\/\/malaysian-business.com\/portal\/2026\/01\/20\/guocoland-buys-stakes-in-eco-world-international\/","title":{"rendered":"Guocoland buys stakes in Eco World International"},"content":{"rendered":"<p>Kuala Lumpur, Feb 20 &#8211; Eco World International Bhd (EWI) has signed a share subscription agreement with Guocoland Ltd, in which the latter will take up a 27% stake in EWI&#8217;s enlarged issued and paid-up capital.\u00a0<\/p>\n<p>EWI also signed a retail underwriting agreement with six banks to underwrite its retail offering comprising 408 million initial public offering (IPO) shares, representing 17% of its enlarged issued and paid-up capital.<\/p>\n<p>The company also inked a master cornerstone placement agreement with the IPO&#8217;s joint global coordinators &#8212; namely CIMB and Maybank &#8212; and the cornerstone investors which are the Employees Provident Fund and Permodalan Nasinal Bhd.<\/p>\n<p>The cornerstone investors have agreed to subscribe an aggregate of 140.4 million IPO shares representing more than 30% of the IPO shares allocated as part of the institutional offering.\u00a0<\/p>\n<p>At the signing ceremony, EWI president and CEO Datuk Teow Leong Seng says EWI expects to complete the IPO within the next two months.\u00a0<\/p>\n<p>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Kuala Lumpur, Feb 20 &#8211; Eco World International Bhd (EWI) has signed a share subscription agreement with Guocoland Ltd, in which the latter will take up a 27% stake in EWI&#8217;s enlarged issued and paid-up capital.\u00a0 EWI also signed a retail underwriting agreement with six banks to underwrite its retail offering comprising 408 million initial [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35],"tags":[],"class_list":["post-139","post","type-post","status-publish","format-standard","hentry","category-corporate"],"_links":{"self":[{"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/posts\/139","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/comments?post=139"}],"version-history":[{"count":1,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/posts\/139\/revisions"}],"predecessor-version":[{"id":6416,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/posts\/139\/revisions\/6416"}],"wp:attachment":[{"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/media?parent=139"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/categories?post=139"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/tags?post=139"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}