ECOFIRST CONSOLIDATED BHD
KLSE (MYR): ECOFIRS (3557)
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Last Price
0.345
Today's Change
-0.005 (1.43%)
Day's Change
0.34 - 0.355
Trading Volume
552,600
Changes
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Discussions
8 people like this. Showing 50 of 1,220 comments
https://www.theedgemarkets.com/article/signature-international-cofounder-emerges-substantial-shareholder-ecofirst-confirms-edge
KUALA LUMPUR (Jan 24): Signature International Bhd’s co-founder Datuk Michael Chooi Yoey Sun has emerged as a substantial shareholder of EcoFirst Consolidated Bhd, confirming The Edge Weekly report in its Jan 17-23 edition.
According to a statement on Monday (Jan 24), Chooi, who is also a major shareholder of Scanwolf Bhd, has acquired 20 million EcoFirst’s shares or 1.72% direct stake from the open market in the last two weeks.
He then further acquired another 40 million shares or 3.44% indirect stake via an off-market transaction through Wawasan Fokus Sdn Bhd.
In total, Chooi has a 5.16% stake in the property company.
“Chooi is best known for co-founding Signature Kitchen with his partner Tan Kee Choong back in 1994, where they supplied and installed built-in kitchen and wardrobe systems.
“Signature International was subsequently listed on the Main Board of Bursa Malaysia in 2008.
“Known as a sales and marketing specialist with almost 30 years of experience, Chooi grew Signature Kitchen, where its kitchen cabinets soon made [their] mark in upmarket property projects. Signature also made inroads abroad via some 15 different markets,” it said.
2022-01-24 20:44
Datuk Michael Chooi Yoey Sun, co-founder of kitchen cabinet and wardrobe systems manufacturer Signature International Bhd, has emerged in EcoFirst with a 5.16% stake.
Within corporate circles, Chooi is known for his sales and marketing prowess particularly in the property and construction sector.
His emergence in EcoFirst follows his acquisition of a 12.878% stake in Scanwolf Bhd last September. Scanwolf is a Perak based company involved in property and plastic extrusion.
Now Chooi appears to have his eyes set on EcoFirst.
Investors are starting to notice undervalued property stocks after years of doldrum. Some of these property companies own huge tracts of land bought at deep bargains.
With the return of the talks about MRT3, EcoFirst could be a beneficiary.
EcoFirst’s land is right next to MRT3. Prime land bought at cheap cost.
EcoFirst is looking to make a comeback, anchored on the good location of its landbanks as well as the affordable prices of its properties.
Read more here:
https://klse.i3investor.com/blogs/anarchysons/2022-01-25-story-h1597532505-New_Player_in_property_firm_EcoFirst_Datuk_Michael_Chooi_Yoey_Sun.jsp
2022-01-25 08:39
"We still have 80 acres left with a gross development value (GDV) of some RM9bil over a 15-year period"
Good fundamental! Chart looking good. Retrace but go higher high and higher low. Uptrend stock!
Let's go!
2022-02-10 12:52
buy warrant now warrant 20cent+40cent=60cent, buy warrant equal to buy mother share now.
2022-02-10 16:27
buy buy buy! don't miss the train!!! TP RM1.20 !!
Reason:
1) the chart is very good and based on fundamental analysis.
2) I heard big project coming in. as you can see today open market high already.
so buy now before too late!!! GOGOGO
2022-02-21 14:46
usually when they have big project coming up, the people behind will do things like this. so it is the best time to buy more. I have looked into many charts, and if you panic you will lose
2022-02-21 15:56
What director sell so much shares? He's not looking good to his own company? Haha
2022-02-23 15:41
daripada beli dekat puncak , lebih baik kutip kutip dekat bottom , sanggup tunggu sampai 22/07/2026 untuk rebound
2022-04-20 09:42
yay hari ni hijau , besok hijau , minggu depan hijau , bulan depan hijau , tiap tiap bulan hijau :)
2022-04-21 17:04
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2022-01-17 08:58