Tafi Industries in property projects worth RM622mil

In filings to Bursa Malaysia yesterday, Tafi Industries said its wholly owned subsidiary, Gerak Mahir Sdn Bhd, had signed agreements with Pembinaan Alamku Sdn Bhd, Pembinaan I-One Sdn Bhd, Kotamas Development (M) Sdn Bhd and Jaringan Fajar Sdn Bhd for separate projects located in Pahang. (File pic shows Tafi Industries' panel wood furniture.)

KUALA LUMPUR: A unit of Tafi Industries Bhd has entered into five joint-venture agreements for joint property development projects with an estimated total gross development value (GDV) of RM621.5mil.

In filings to Bursa Malaysia yesterday, the company said its wholly owned subsidiary, Gerak Mahir Sdn Bhd, had signed agreements with Pembinaan Alamku Sdn Bhd, Pembinaan I-One Sdn Bhd, Kotamas Development (M) Sdn Bhd and Jaringan Fajar Sdn Bhd for separate projects located in Pahang.