KUALA LUMPUR: Titijaya Land Bhd
has entered right into a memorandum of understanding with Penang Development Corp to explore a collaboration in growing a 230-acre web site within the Bandar Cassia township in Batu Kawan, Penang.
In a bourse submitting, Titijaya stated the collaboration with the Penang Development Corp will function a platform for its to develop its enterprise actions within the property improvement and building initiatives within the state.
“The Parties agree to collaborate to develop the Proposed Land topic to phrases and circumstances because the Parties might mutually agree in a proper definitive buy and improvement settlement and/or lease settlement or joint improvement settlement,” it stated.
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