SBC's Sabah JV project to start in next 3 months

(From left) RHB Investment Bank MD and CEO Mike Chan, Sia and Suria Capital Holdings Bhd chairman Datuk Faisyal Yusof Hamdain Deigo chatting on a balcony overlooking the site for the Jesselton Quay waterfront development.

"There is affirmation now,” SBC Corp Bhd managing director Sia Teong Heng says of the company’s joint venture (JV) project in Kota Kinabalu which is slated to kick off in the next three months.

It has been a year since SBC Corp signed a JV agreement with Sabah Ports operator Suria Capital Holdings Bhd to develop Jesselton Quay - a waterfront mixed development that promises to enhance the living standards of Kota Kinabalu - and Sia is eager to get things rolling.