PETALING JAYA: Iris Corp
Bhd plans to team up with Qingjian International Group Co Ltd (QIGC) in undertaking the RM622.7mil mixed-development project awarded to it by Putrajaya Corp last November.
The company, which derives about 70% of its pre-tax profit from the identification solutions business, told Bursa Malaysia yesterday that it had signed a memorandum of understanding (MoU) with QIGC, as it “is desirous” to appoint a co-developer for the project.
