Garment-maker-turned-property developer Yong Tai Bhd has entered into five separate memorandums of understanding (MoUs) to acquire land and businesses that can provide the company with five potential property development projects in the Klang Valley, Malacca and Johor.
Yong Tai told Bursa the five projects were expected to carry a combined gross development value (GDV) of RM7bil over the next eight years.
Executive director Ng Jet Heong said the move was in line with Yong Tai Group’s expansion and that it would “continuously seek” to acquire more land.
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Yong Tai told Bursa the five projects were expected to carry a combined gross development value (GDV) of RM7bil over the next eight years.
Executive director Ng Jet Heong said the move was in line with Yong Tai Group’s expansion and that it would “continuously seek” to acquire more land.
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