PJ Dev to expand overseas

PJ DEVELOPMENT Holdings Bhd (PJD) plans to build sizeable properties in Vietnam and Thailand with reputable local partners to further expand its real-estate operations."We have a few plans to grow but we will do it carefully to seize the best opportunities. This will be the first time we are going overseas to build properties," chief operating officer Lim Lian Seng told Business Times in an interview.PJD will also launch new properties in Kuala Lumpur and Johor in the first half of the year, worth RM810 million, Lim said.The first project it is planning is Swiss-Garden Residences along Jalan Galloway in Kuala Lumpur.The project, to be launched in April, comprises two blocks of serviced apartments with 478 units. The units, with built-up areas of 550 to 2,700 sq ft each, have yet to be priced. Read More

(09--02-2008 New Straits Times)