Perak Corp, Advancecon team up as part of business regularisation plans

KUALA LUMPUR: Perak Corporation Bhd has appointed Advancecon Development Sdn Bhd as a joint venture partner for the development of the main infrastructure for the Silver Valley Technology Park (SVTP) in Perak.

In a filing with Bursa Malaysia today, Perak Corp said the appointment also includes the sale of completed industrial lots with main infrastructure on 39 parcels of leasehold land measuring 323.04 hectares in Kinta, Perak, for RM1.03 billion in total gross development value.