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.

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