Ekovest Berhad has signed a tripartite Memorandum of Understanding with China's Shenzhen Maoxiong Co. Ltd. and Anxi County People's Government for cross-border socio-economic strategic collaboration. All parties jointly and desire to work as strategic partners to promote the cooperation in the conceptualisation, planning, prioritising, financing and implementation of property development, infrastructure development and fresh produce, agriculture and aquaculture distribution and processing development in both Malaysia and China.

Anxi is a county of the prefecture-level city of Quanzhou in southern Fujian province, People's Republic of China. It lies adjacent to and directly north of Xiamen. Headquartered in China, MX is an established company involved in the plantation, processing, storage, and distribution of vegetables and fruits.

Equipped with high standards and modern facilities sprawling over 10,000 square meters and a cold storage capacity of over 30,000 square meters, MX oversees expansive farming areas of more than 30,000 mu across China. The company reputation for excellence and innovation has positioned it as a reliable leader in the agricultural sector, making it a crucial part of this collaboration. At the heart of this collaboration is the development of a cutting-edge durian processing and distribution centre in China.

The Parties aim to immediately focus on durian processing and explore infrastructure development within China and do not discount the potential expansion of their collaboration beyond China and Malaysia, should this initiative prove successful. Ekovest Berhad, a distinguished player in Malaysia's construction industry, has a track record of delivering infrastructure, civil construction and property development projects.