DBhd to start work on bauxite mining project in Kuantan

TheStar Tue, Sep 01, 2020 07:01pm - 3 years View Original


KUALA LUMPUR: Damansara Realty Bhd (DBhd) said a subsidiary has into a term sheet agreement with YHS Resources Sdn. Bhd to start work on a bauxite mining project in Kuantan, Pahang.

The proposed mining activity will be carried out on four plots of land measuring a total of 145 hectares that belongs to Damansara Realthy (Pahang) Sdn Bhd (DRP).

DRP is 80% owned by DBhd.

YHS, which is 50% owned by Liuzhou City Handa Mining Co Ltd, is involved in the business of mining of bauxite, as well as an importers and exporters of goods and materials.

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