RM1bil properties to be injected into IdealUBB

Ooi: ‘The group still has about 10,000 units of affordable homes, priced below RM400,000, which will be launched in the island.’

GEORGE TOWN: Ideal Property Development Sdn Bhd, the parent company of Ideal United Bintang Bhd (IdealUBB), will initiate a corporate exercise in the second half of this year to inject RM1bil worth of properties into IdealUBB.

The properties are priced below RM600,000.