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Global Oriental in RM860mil property tie-up
by hlk Sat 04 May 2013, 19:38
PETALING JAYA: Global Oriental Bhd (formerly Equine Capital Bhd)
and its subsidiary have entered into a joint development agreement with
Lembaga Getah Malaysia for a mixed project with an estimated gross
development value of RM860mil in Kuala Lumpur.
The development
is expected to comprise inter-alia a corporate tower, an office tower,
a residential tower, town villas, car parking lots complete with
infrastructure and common facilities, and common services, Global
Oriental told Bursa Malaysia.
The project was expected to contribute to the medium and long-term profitability of the group, the company said.
and its subsidiary have entered into a joint development agreement with
Lembaga Getah Malaysia for a mixed project with an estimated gross
development value of RM860mil in Kuala Lumpur.
The development
is expected to comprise inter-alia a corporate tower, an office tower,
a residential tower, town villas, car parking lots complete with
infrastructure and common facilities, and common services, Global
Oriental told Bursa Malaysia.
The project was expected to contribute to the medium and long-term profitability of the group, the company said.
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