EcoFirst Clarifies Net Gain Despite Selling Retail Units Below Market Price

EcoFirst Consolidated Bhd has clarified that it still achieved a net gain despite selling eight out of 15 retail units at a lower-than-market price in a recent related party transaction. According to the property developer, the total gain from selling these 15 units exceeded the total original investment cost by approximately RM9.20 million. The disposal price for these units was appraised in a valuation...

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