Bertam Alliance in property project

BERTAM Alliance Bhd wholly-owned UH Capital Sdn Bhd has sealed a joint development agreement with GJH Development Sdn Bhd to develop mixed properties worth more than RM400 million on 108ha in Johor.

In an announcement to Bursa Malaysia yesterday, Bertam said the project will be carried out over three to six years.

It will unlock the value of the land without having to fund the development cost of the project, the company added.

By Business Times