KUALA LUMPUR: Shares in Skyworld Development Bhd
rose over 14% to an intra-morning high on the back of news it had tied up with Penang Development Corp (PDC) to jointly develop the country’s largest affordable-housing project.
The property developer said yesterday it had inked a joint development agreement with PDC and its subsidiary, PDC Properties, for the development of a RM13bil project named Rumah Bakat Baru Madani in Seberang Jaya and Batu Kawan.
