EcoFirst to launch mixed devt project with GDV of RM311m

KUALA LUMPUR: Property developer Ecofirst Consolidated Bhd plans to launch a mixed development with a gross development value (GDV) of RM311 million in Cahaya SPK, Shah Alam, following the acquisition of a 1.93-hectare of leasehold land.

The group’s unit, EcoFirst Worldwide Sdn Bhd, has entered into a sale and purchase agreement with Modern Peak Sdn Bhd to acquire the land in Section U9, Shah Alam, Selangor for RM42 million.