LSH Capital accepts initial terms for Morib redevelopment


KUALA LUMPUR: Lim Seong Hai Capital Bhd (LSH Capital) has accepted a letter from Seriemas Resort Sdn Bhd (SRSB) confirming the agreed-in-principle terms for a proposed partnership to undertake the Morib Rejuvenation Project in Selangor.

In a filing with Bursa Malaysia, LSH Capital said the terms relate to three agreements involving Seriemas Development Sdn Bhd (SDSB), Permodalan Negeri Selangor Bhd (PNSB) and SRSB.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Hextar moves into fertiliser sector
NFL Chiefs to move to Kansas with public funding package
Import-heavy sectors to gain from stronger ringgit
Healthcare players earnings visibility intact
SBS Nexus eyes RM31mil from its IPO
Amova raises stake in AHAM Capital to 97.7%
PMCK posts RM5.8mil profit in 2Q
Tame inflation eases pressure on BNM
CBH Engineering wins RM130mil data centre job
Kimlun bags RM618mil building jobs

Others Also Read