TH Properties-MRCB to develop RM3bil Kota Semarak project


PETALING JAYA: 59 Inc Sdn Bhd has restarted the Kota Semarak mixed development project with a targeted total gross development value (GDV) of RM3.1bil.

The 70:30 joint-venture (JV) company, formed between TH Properties Sdn Bhd and Malaysian Resources Corp Bhd (MRCB), had planned to start the project in 2019 but was hindered by the Covid-19 pandemic.

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