MGB explore opportunities in Medina

KUALA LUMPUR: MGB Bhd has entered into a memorandum of understanding (MoU) with Almqr Development Co and Alameriah Real Estate Development Co to explore investment opportunities in Medina, Saudi Arabia.

In a filing with Bursa Malaysia, the construction group said the collaboration would relate to pioneering, innovative and distinctive projects, and other projects that have developmental and social goals subject to the terms and conditions in the MoU.