Consortium plans gated community at UM land

PETALING JAYA: The project to be developed by PPC-Mint-Glomac consortium on 27.5 acres in the University of Malaya's (UM) main campus is likely to comprise condominiums and villas in a gated community. Datuk Richard Fong, Glomac Bhd group executive vice-chairman Datuk Richard Fong told StarBiz the project would be launched by the second quarter. “We're still working out the gross development value but it will be quite substantial,” he said. In a statement yesterday, UM's subsidiary UM Holdings Sdn Bhd announced the appointment of the PPC-Mint-Glomac consortium. However, the company did not give details on what would be developed.

(The Star 20-2-2008)