KUALA LUMPUR: Kota Selat Tebrau Sdn Bhd has inked a letter of intent (LoU) to develop residential apartments with Singapore-based Oakwood Asia Pacific Pte Ltd, in Danga Bay, Johor. Under the LoU, the parties will enter into a management agreement, offshore technical service and marketing agreement and trademark licence agreement. Construction will start in April. - Bernama
(The Star 19-2-2008)
