BRDB unit inks JV deal for RM600mil Sg Long project


KUALA LUMPUR: Bandar Raya Developments Bhd’s (BRDB) wholly-owned subsidiary, Raintree Forest Sdn Bhd has entered into a joint-venture (JV) agreement with Garuda Mega Sdn Bhd for the proposed residential development on Sungai Long land on a JV basis.

In a filing with Bursa Malaysia, BRDB said the estimated gross development value of the proposed residential development on Sungai Long land, measuring 25.97 ha, was RM600mil.

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