Mah Sing enters JV for RM500mil GDV development

From left: Mah Sing group CEO Datuk Ho Hon Sang and founder and group managing director Tan Sri Leong Hoy Kum with Datuk Mohd Idris Mohd Isa and Raja Hamzah Abidin representing Liberty Triangle Sdn Bhd

KUALA LUMPUR: Mah Sing Group Bhd's unit Star Residence Sdn Bhd has entered into an unincorporated joint venture agreement with Liberty Triangle Sdn Bhd to undertake the development of a RM500mil gross development value (GDV) mixed-use project named M Zenya in Kepong, Kuala Lumpur.

In a filing with Bursa Malaysia, the property developer said the land, measuring a combined 4.88 acres, comes with the benefit of an approved development order (DO), with one of the DOs approved with a plot ratio of 1:6.