PETALING JAYA: Gadang Holdings Bhd
has entered into a joint-venture (JV) agreement with Perikatan Progresif Sdn Bhd (PPSB) or the landowner for the proposed development of a parcel of leasehold residential land, measuring approximately 17.5 acres located at Taman Putra Perdana, Puchong, with an estimated gross development value of RM160mil.
Gadang’s indirect wholly owned subsidiary, Tema Warisan Sdn Bhd (TWSB), plans on developing the land into a residential development comprising town houses, according to its filing with Bursa Malaysia yesterday.
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