PRG piques interest with RM5bil affordable housing project

Over the week, the curiosity of many people was piqued when little known PRG Holdings Bhd announced that it had entered into a RM5bil MOU with the Finance Ministry’s wholly owned Syarikat Perumahan Negara Bhd (SPNB) to develop affordable homes.

Specifically, PRG has entered into an agreement to explore collaboration opportunities with SPNB to take on nationwide affordable housing projects worth about RM5bil.