Perak Corp, Rapat Setia to develop gated project


?The proposed project, if materialised, could provide Tan Chong Motor with opportunity to expand its foothold in the automotive industry in Vietnam,? the company said in a filing with Bursa Malaysia last Friday

KUALA LUMPUR: Perak Corp Bhd’s wholly-owned subsidiary, PCB Development Sdn Bhd (PCBD) has inked an agreement with Rapat Setia Sdn Bhd (RSSB) to develop a piece of land into a gated and guarded housing development in Bandar Meru Raya, Hulu Kinta, Perak.

In a filing with Bursa Malaysia, Perak Corp said the development of the land, measuring about 9.463 ha and owned by PCBD, would comprise 303 housing units, namely single-storey link terrace houses (191 units), single-storey link terrace houses corner unit (36), double-storey link terrace houses (68 units) and double-storey link terrace houses corner unit (eight).

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