PanaHome Corporation president Yasuteru Fujii (left) and Chen at the announcement of the joint venture.
PANAHOME (M) Sdn Bhd, the local property arm of Japan’s Panasonic Group, has formed a new joint venture company with local developer MKH Bhd, to provide home solutions for development projects undertaken by MKH.
PanaHome will hold 51% in the new company, PanaHome MKH (M) Sdn Bhd, while the remainder 49% is owned by MKH’s subsidiary, Kajang Resources Corporation Sdn Bhd.
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