Titijaya to tie up with CREC in RM575mil Sabah property project

MoU signed: (from left) Titijaya deputy group MD Lim Poh Yit, Tan Sri Lim Soon Peng, Najib, China Railway Dongfang Group MD Cai Zemin and China Railway Engineering Corp (M) Sdn Bhd MD Wang Youping at the MoU signing in Beijing.

PETALING JAYA: Property developer Titijaya Land Bhd has formalised a collaboration with CREC Development (M) Sdn Bhd (CRECD) for a RM575mil property development project known as The Shore in Kota Kinabalu.

Both parties signed a memorandum of understanding, witnessed by Prime Minister Datuk Seri Najib Tun Razak, in Beijing. Titijaya group managing director Tan Sri Lim Soon Peng said in a press statement that both parties will leverage on each others’ capabilities for the project.