OCR ties up with Magna Prima to develop eCommerce hub

OCR Group Bhd managing director Billy Ong Kah Hoe

PETALING JAYA: OCR Group Bhd will be developing its first integrated eCommerce logistics hub via a proposed joint venture with Magna Ecocity Sdn Bhd.

The integrated property developer said its wholly-owned subsidiary OCR Avenue Sdn Bhd yesterday signed a conditional joint venture agreement (JVA) with the 70%-owned subsidiary of Magna Prima Bhd to develop the integrated logistics hub on a 20-acre site in Section 15 in Shah Alam, Selangor.