Uda seeks LRT joint venture with SPNB

UDA HOLDINGS Bhd had two weeks ago submitted a proposal to Syarikat Prasarana Negara Bhd (SPNB) to jointly develop the Dang Wangi LRT station.

The land, measuring 11,008 sq m in Jalan Ampang, is strategically located and has the potential for residential, commercial or mixed development.

In a statement, UDA Holdings chairman Datuk Nur Jazlan Mohamed said the group has over 40 years of experience in urban redevelopment and the technical capacity for the proposed joint venture with Syarikat Prasarana to develop the land.

By Business Times