EWI to buy 80% stake in Salcon Australia


PETALING JAYA: Eco World International Bhd (EWI) is acquiring an 80% stake in Salcon Australia for its parcel of prime land of 2,128 sq m in South Yarra, Australia.

To be named Yarra One, the project will comprise a 27-storey tower with 268 residential units complemented by a retail and office podium with the potential to deliver about AU$218mil (RM728.3mil) in gross development value (GDV).

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