Shenzhen Shenyue, IWH and PLS ink deal

PETALING JAYA: China’s Shenzhen Shenyue Joint Investment Co Ltd, Iskandar Waterfront Holdings (IWH) and PLS Plantations Bhd have signed a memorandum of understanding (MoU) to develop and implement a Johor-Shenzhen Industrial Park and Innovation Hub in Johor.

In a statement, IWH said PLS group is the land owner of one of the identified locations for the Johor-Shenzhen Industrial Park and Innovation Hub.