DBhd requests for trading suspension pending an announcement


KUALA LUMPUR: Damansara Realty Bhd (DBhd) has requested for the trading of its shares to be suspended from 9am on Friday (Oct 14) pending an announcement.

Among the construction and property services company’s recent announcements is on its unit Damansara Realty (Johor) Sdn Bhd entering into a memorandum of understanding with Country Garden Real Estate Sdn Bhd to jointly develop a portion of land in Johor Baru measuring about 52 acres.

The memorandum will be in effect for a three-month period starting Sept 1. It was the first MoU signed following the appointment of Brian Iskandar Zulkarim as its new group chief executive officer on Aug 30.

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