PROPERTY developer Mahajaya Bhd is expected to be listed on the MSEB main board on April 27, after the completion of a reverse take-over of Practice Note 4 (PN4) company Hotline Furniture Bhd.
According to company sources, the group - which specialises in the affordable housing property market in the Klang Valley and Johor Baru - currently has a land bank of 1,279 acres with an estimated gross development value (GDV) of close to RM1.8bil earmarked for development in the next five to 10 years.