Scomi Group Bhd surprised investors when it proposed to revise its current issued share capital reduction from RM224.96mil to RM3mil from the earlier RM40mil.
KUALA LUMPUR: Permaju Industries Bhd
has teamed up with OCR Group Bhd to jointly develop a RM1bil project in Kota Kinabalu, Sabah.
In a statement Monday, Permaju Industries said its 70%-owned subsidiary Hardie Development Sdn Bhd (HDSB) has inked a memorandum of understanding (MoU) with OCR’s wholly-owned unit O&C Construction Sdn Bhd (OCCSB) to jointly develop the 44.28-hectare Princess Heights project in Menggatal, Kota Kinabalu, Sabah.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
