KUALA LUMPUR: ARK Resources
Holdings Bhd via its wholly-owned subsidiary Ark Resources Bhd has entered into a joint venture with Premium Flame Development Sdn Bhd to develop a project with 500 residential units on 9,472.8sqm of land in Barat Daya, Mukim 10, Pulau Pinang.
In a stock exchange filing, Ark said the gross development value of the project is about RM275mil while its estimated development cost is RM226mil.
