Friday 30 October 2015

Titijaya eyes KL property devt via JV with Amona, Metrogale

Titijaya Land Bhd is teaming up with Amona Development Sdn Bhd and Metrogale Development Sdn Bhd to look into property development opportunities in Kuala Lumpur region.

Titijaya said on Friday its unit Titijaya Resources Sdn Bhd had formed a strategic collaboration for the joint venture, business and management of the JV company.

It said since was keen to expand its property development business, the JV company would represent an opportunity for the company to strengthen its property development presence in Kuala Lumpur city area.

Amona Development had proposed to the government to build school facilities in exchange for a 2.7 acres government land situated at Bukit Bintang.

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