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Monday, January 28, 2008

MRCB in JV to build mall

KUALA LUMPUR: Malaysian Resources Corp Bhd (MRCB) signed an agreement with Pelaburan Hartanah Bumiputera Bhd (PHBB) to set up joint-venture company to develop a retail complex on Lot G at Kuala Lumpur Sentral owned by Promising Quality Sdn Bhd (PQSB). Jewel Surprises Sdn Bhd, the joint-venture company, had entered into an agreement with PQSB to lease the retail complex for 99 years, MRCB said in a statement.

(23-1-2008 Bernama)

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