Bintai Kinden signs MoU for RM700mil GDV


Bintai Kinden deputy chief executive officer Azri Azerai (pic) said the MoU is in line with the company’s strategy to diversify the business instead of depending solely on its existing core mechanical and electrical engineering business.

PETALING JAYA: Bintai Kinden Corp Bhd has signed a memorandum of understanding (MoU) with Charter Built Sdn Bhd to jointly develop 36ha of industrial land near the KL International Airport.

In a statement, it said the land has a gross development value (GDV) of at least RM700mil.

Subscribe now for a chance to win your dream holiday!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


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!
   

Next In Business News

Oil ends week lower on China demand fears
Undoing the 5G monopoly
KL Metro to build RM1.6bil five-star resort in PD
Picking up speed
PETRONAS reaches FID on Pengerang biorefinery
Market bulls looking for new technology leaders
China to resort to consumer stimulus
GAMUDA AI ACADEMY SET TO BE GAME-CHANGER
ESG reporting standards must be elevated
Fed rate-cut outlook limits forex volatility

Others Also Read