Encorp to bank on property development projects on Felda land

TheStar Thu, May 02, 2019 08:05am - 4 years View Original


In its 2018 annual report, Encorp said it would be capitalising on its existing property portfolio.  (File picture shows Encorp staff explaining some of their products to interested customers.)

In its 2018 annual report, Encorp said it would be capitalising on its existing property portfolio. (File picture shows Encorp staff explaining some of their products to interested customers.)

PETALING JAYA: Encorp Bhd , which is owned by Felda Investment Corp (FIC), will drive its revenue growth by looking into property development projects on Felda’s landbank in strategic locations throughout the country.

FIC holds a 64.38% stake in Encorp.

In its 2018 annual report, Encorp said it would be capitalising on its existing property portfolio.

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