PETALING JAYA: Property firm Ecofirst Consolidated Bhd has signed an option agreement with IGB Corp Bhd to buy a 25-acre freehold parcel in Gombak, Selangor, for RM62.8mil.
Ecofirst, which has a market capitalisation of RM259mil, said IGB’s land is situated just beside the 62 acres it was acquiring from Zurich Insurance (M) Bhd for RM145mil.
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