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Monday, March 30, 2009

Country Heights in luxury villa deal

COUNTRY Heights Holdings Bhd said its 70%-owned Borneo Heights Sdn Bhd will cooperate with Coughar Properties Sdn Bhd to develop, construct and market up to 20 premium luxury villa units in Sarawak.

Under the agreement, Borneo Heights will contribute land for the project while Coughar agreed to a minimum total sales value of US$160mil.

By Bernama

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