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.