KUALA LUMPUR: Property developer Matrix Concepts Holdings Bhd
has secured a RM512 million financing facility from AMMB Holdings Bhd
(AmBank Group) to develop a township in Malaysia Vision Valley 2.0 (MVV2.0).
The 559.35-hectare (1,382.2-acre) project is located between Selangor and Negeri Sembilan and has a gross development value of RM7.0 billion.
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