Eden Inc expects gain of RM10.9m from land sale


KUALA LUMPUR: Eden Inc Bhd expects a gain of RM10.9mil after a piece of its land in Kuantan was compulsorily acquired by Malaysia Rail Link Sdn Bhd for the East Coast Rail Link (ECRL) project.

The company said on Wednesday it had received compensation of RM16.71mil arising from the acquisition of 6.38 hectares in Sungai Karang, Kuantan. The affected land is currently a vacant industrial land.

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Eden Inc , land , ECRL , Malaysia Rail Link

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