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ECO WORLD DEVELOPMENT GROUP BERHAD Capital/Financing Update 2025

Nov 12, 2025

70519_rns_2025-11-12_9dbc90ac-1433-4595-9da1-a623e190c3e2.html

Capital/Financing Update

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OTHERS UNRATED MEDIUM TERM NOTES PROGRAMME BY QUANTUM ALPHA SDN BHD

ECO WORLD DEVELOPMENT GROUP BERHAD


Type	Announcement
Subject	OTHERS
Description	UNRATED MEDIUM TERM NOTES PROGRAMME BY QUANTUM ALPHA SDN BHD
On 25 February 2025, Eco World Development Group Berhad (“EcoWorld”) announced that its wholly-owned subsidiary, Quantum Alpha Sdn Bhd (“QASB”) entered into an agreement to build and lease (“ATBL”) with Pearl Computing Malaysia Sdn Bhd (“Lessee”). Under the ATBL, QASB will build the shell and core of data centres and associated structures on approximately 92.44 acres of land in Eco Business Park V, Selangor in accordance with the Lessee’s specifications (“BTL Project”) and lease to the Lessee. Further to the announcement on the BTL Project, EcoWorld wishes to announce that QASB has established an unrated medium term notes programme with a nominal value of RM1.878 billion (“MTN Programme”). QASB will issue medium term notes from time to time under the MTN Programme to part finance the acquisition of the 92.44 acres land and the development cost of the BTL Project. First issuance under the MTN Programme has been made today for an amount of RM3.58 million. The placement of up to the entire nominal value under the MTN Programme to a major local financial institution demonstrates strong confidence in the Group’s credit strength and long-term prospects of the BTL Project. QASB is presently a wholly-owned subsidiary of EcoWorld. EcoWorld is in advanced discussions with a potential institutional investor to jointly invest in the BTL Project, which may result in QASB becoming a joint venture. It is anticipated that EcoWorld will eventually own up to 80% of QASB. The Board of EcoWorld is of the view that the establishment of the MTN Programme will provide QASB with flexibility in terms of timing and quantum of drawdown to fund the BTL Project, as well as broaden its financing sources. This announcement is dated 13 November 2025.

Announcement Info


Company Name	ECO WORLD DEVELOPMENT GROUP BERHAD
Stock Name	ECOWLD
Date Announced	13 Nov 2025
Category	General Announcement for PLC
Reference Number	GA1-13112025-00007