KUALA LUMPUR: Tropicana Corp Bhd
unit Tropicana Senibong Sdn Bhd has entered into a joint venture with Puncak Alam Housing Sdn Bhd to develop three parcels of leasehold land with an aggregate area of about 362.742 acres in Mukim of Ijok in Kuala Selangor.
The group said in a filing with Bursa Malaysia that Tropicana Senibong will undertake the property development and pay to Puncak Alam a proprieter's entitlement of RM334.54mil progressively over 72 months.
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!
