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Monday, January 25, 2010

Sime unit to ink JV for township project

Sime Darby Property, a unit of Malaysia’s Sime Darby Bhd, plans to sign a joint venture agreement with a local partner to develop an “integrated commercial project” in its Bukit Jelutong township, outside of Kuala Lumpur.

The company will sign the agreement tomorrow, it said today in an e-mailed invitation to the event, without naming the partner.

By Bloomberg

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