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Thursday, April 2, 2009

Country Heights in Sarawak venture

COUNTRY Heights Holdings Bhd’s 70 per cent subsidiary Borneo Heights Sdn Bhd is joining hands with Cougar Properties Sdn Bhd to construct, promote and market Borneo Highlands Resort & Golf course and eco-friendly and luxury villas in Kuching, Sarawak.

Borneo Heights, being the landowner, will procure all the necessary approvals and permits for the development of the villas while Cougar Properties has agreed to secure a minimum total sales value of US$160 million (RM584 million) for the villas.

By Business Times

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