KPFB, SIAB ink MoU for JV project with GDV of RM389mil

KUALA LUMPUR: Koperasi Peserta-Peserta Felcra Malaysia Bhd (KPFB) has inked a memorandum of understanding (MoU) with Siab Development Sdn Bhd to undertake a joint development with a gross development value (GDV) of RM389 million on lands in Gombak, Selangor owned by KPFB.

KPFB chairman Datuk Sabari Misran said the proposed land development measures about 7.9 hectares and the project will be fully completed in 2025.

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