Suria Capital to jointly develop land in Sabah

PETALING JAYA: Suria Capital Holdings Bhd and Jesselton Docklands 1 Sdn Bhd have signed a joint development agreement (JDA) to jointly develop 2.543ha of land within the Kota Kinabalu Port area in Sabah.

In a filing with Bursa Malaysia, Suria Capital said the estimated net development value of the development, called Jesselton Docklands 1, will be at least RM1bil.