EDEN-WB : Kuantan land sale a magnet

Written by Editor

The share and warrant of Eden Inc. Berhad attracted investors’ interest earlier this week with volume surging many folds from the weeks before.  This may be fueled by talks that the company may be able to monetize its 450 acres of industrial land situated in Kuantan from the ECRL project.  This piece of land is carried at book value of about RM165 million while recent transactions around the area were done at much higher value than the carrying cost.

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