GEORGE TOWN: IJM Land Bhd’s construction subsidiary, Jurutama Sdn Bhd, is set to develop the stalled RM4.5bil The Light City project, which is located next to the Penang Bridge.
According to IJM Perennial Development Sdn Bhd general manager Tan Hun Beng, the details of the contract for the project were now being finalised and the contract should be awarded in early April.
IJM Perennial is a joint-venture company between IJM Corp Bhd
and Singapore-based Perennial Real Estate Holdings Ltd to oversee the project.
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