PETALING JAYA: Niche property developer Eastern & Oriental Bhd (E&O) will be collaborating with a Japanese real estate group to develop a serviced-apartment project in the heart of Kuala Lumpur.
The company said in a filing with the stock exchange that it has entered into a shareholders’ agreement with Mitsui Fudosan Asia Pte Ltd (MFA) for the proposed joint venture via Patsawan Properties Sdn Bhd, an indirect subsidiary, for the development of the project over the 0.58-ha plot owned by Patsawan.
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