KUALA LUMPUR: Seremban Engineering Bhd
(SEB) has entered into a joint venture (JV) with Negri Sembilan’s investment arm NS Corp to develop three parcels of land measuring 28 acres in the Port Dickson area, including one where the Jetty Arang is located.
In a filing with Bursa Malaysia, SEB said it would hold an 80% stake in the SPV while NS Corp will hold the remaining 20%.
