Bina Puri Properties chairman Tan Sri James Foong Cheng Yuen announced the joint venture with a Thailand-based developer and a Chinese businessman to develop the RM200mil GDV Bangkok Marina Resort and Spa.
KUALA LUMPUR: Bina Puri Holdings Bhd
has entered into a joint venture with a Thailand-based developer and a Chinese businessman to develop the Bangkok Marina Resort and Spa, a project with a gross development value of RM200mil.
At the press conference, Bina Puri Properties Sdn Bhd chairman Tan Sri James Foong Cheng Yuen said the development would be undertaken by a special purpose vehicle in which Bina Puri holds 56%, Thailand-based UFUN Group Ltd 29%, and businessman Tang Cong Shun 15%.
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