KUALA LUMPUR: Zecon Bhd has inked a memorandum of understanding (MoU) with the Sabah Islamic Religious Council (MUIS) to explore a collaboration on the MUIS housing development in Kota Kinabalu.
In a filing with Bursa Malaysia, Zecon said the parties shall subsequently enter into a joint venture or concession agreement with 70% stake held by Zeon and the remaining 30% by MUIS.