EcoFirst Consolidated Bhd has entered into a conditional subscription agreement to raise up to RM70mil by issuing redeemable convertible preference shares (RCPS) to fund property development projects, future development land acquisitions, and working capital.
Eugene Mahalingam is a journalist at The Star Online. He specializes in construction and real estate, with a focus on commercial real estate, real estate development, and investment, as well as themes in business, economics, and energy sustainability. Eugene's work has also been featured in MSN.