KUALA LUMPUR: Ekovest Bhd
plans to undertake a mixed development project with a gross development cost of RM293.8mil in Setapak here, by combining its existing 1.59-acre land bank with adjoining land measuring 1.16 acres.
The construction and property development firm announced to Bursa Malaysia yesterday that its unit Ekovest Properties Sdn Bhd had sealed an agreement to buy the two adjoining parcels of land from Ekovest’s substantial shareholder, Lim Seong Hai Holdings Sdn Bhd (LSHHSB), for RM26.77mil.
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