Ageson undertakes RM1.24bil GDV project

TheStar Tue, Jan 05, 2021 09:51am - 3 years View Original


In a filing with Bursa Malaysia, it said it entered a development rights agreement (DRA) with MBI Perak for the mixed-development that has a gross development value of RM1.24bil.

KUALA LUMPUR: Ageson Bhd’s 75% owned Ageson Holdings Sdn Bhd has teamed up with Menteri Besar Inc (Perak) to develop about 475 acres of land in Batang Padang, Perak.

In a filing with Bursa Malaysia, it said it entered a development rights agreement (DRA) with MBI Perak for the mixed-development that has a gross development value of RM1.24bil.

It will comprise government agencies and administration units, industrial, commercial and residential development.

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