Ivory starts negotiations on payment terms after securing tender bid

By ANGIE NG and DAVID TAN

PETALING JAYA: Ivory Properties Group Bhd only started to engage in negotiations with the Penang state government on the payment terms for the Bayan Mutiara project after the company secured the open competitive tender on July 25, 2011, its chairman and group chief executive officer Datuk Low Eng Hock Low said.