Eden Inc says it proposes to accept land in lieu of long standing RM45.6mil debt owed to it, in RPT deal

KUALA LUMPUR: Eden Inc Bhd yesterday announced that Zil Enterprise Sdn Bhd (ZESB) plans to settle a long standing RM45.6 million debt owed to Eden’s subsidiary, Stratavest Sdn Bhd, by transferring a 22.3 hectare land in Kuantan to the company, in a related party transaction (RPT).