GFM plans second rest and service area project

TheStar Tue, Jan 18, 2022 09:30am - 2 years View Original


GFM executive vice-chairman Ruslan Nordin (pic) said the JV was in line with the group’s aim to accelerate its growth while expanding its recurring income stream.

PETALING JAYA: GFM Services Bhd will be expanding its portfolio of concession assets with the proposed development of a second rest and service area.

The integrated facilities management service provider said in a statement that it had entered into a heads of agreement with Majuperak Holdings Bhd’s wholly-owned subsidiary, Jua Juara Sdn Bhd.

The agreement was signed with the intention to form a joint venture (JV) to develop, operate and maintain the rest and service area at Hulu Bernam, Perak, along the North-South Expressway.

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