Malaysia Property News is a free resource website sharing Daily Property News & information about Property in Malaysia, which related to, Property Market, Property Investment, Commercial Property , Hot Properties Malaysia, Real Estate, Retail Shop, Business Park, Condominium Malaysia, Terraces & Apartment Malaysia, Houses, Residence, Resort and many more.

Tuesday, July 13, 2010

Bandar Raya, Multi-Purpose to develop land

Bandar Raya Development Bhd said it signed an agreement with Multi-Purpose Holdings Bhd. to jointly develop land totaling 670 acres in the Penang, Rawang and Gombak districts of Malaysia.

Bandar Raya’s business strategy is to enlarge its development land bank via joint ventures to improve profitability and shareholder value, it said in an exchange filing today.

By Bloomberg

No comments: