A picture shows a colonial building at a busy intersection in Yangon, Myanmar. The proposed development, BLand says is an opportunity for the group to venture into Myanmar's property market.
KUALA LUMPUR: Berjaya Land Bhd
(BLand) has raised the gross development value (GDV) of its real-estate project in Myanmar's largest city after a subsidiary secured the concession agreement (CA) with the government to start the project.
The RM3bil housing and mixed development project in Yangon will be developed by its 80% owned subsidiary BDS Smart City Co Ltd over nine years, the company said in a filing with Bursa Malaysia today.
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
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!
