Melaka's Harbour City revival with entry of Singapore's Tayrona Capital


Hatten Land Ltd, which listed on the Catalist board of the Singapore Exchange, had on Tuesday signed an agreement with Tayrona Capital relating to the Harbour City project in a US$323mil transaction.

KUALA LUMPUR: Work on Melaka's Harbour City, which was recenty halted due to a legal dispute, is expected to be revived with the entry of Singapore-based Tayrona Capital Pte Ltd taking up a near entire stake in the company which undertook the project

Hatten Land Ltd, which listed on the Catalist board of the Singapore Exchange, had on Tuesday signed an agreement with Tayrona Capital relating to the Harbour City project in a US$323mil transaction. The development is undertaken by Hatten Land's unit Gold Mart Sdn Bhd.

Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!
   

Next In Business News

UOB Malaysia leads EXSIM's RM365mil green sukuk placement
FACB Industries' executive president dies
Foreign investors snap 5-week buying streak on Bursa Malaysia
Ringgit opens on softer note against US dollar
FBM KLCI starts in volatile pattern
Trading ideas: EcoFirst, CHGP, Westports, Axis-REIT, YTL Power, Central Global, Mah Sing, MSM, Apex Equity
Plastic firms experience a division in profit outcomes
Sustainability is the buzzword for the transport sector this year
Year-end rally in US stocks faces twin tests
Starbucks says it wants union talks, agreements in 2024

Others Also Read