In a filing to Bursa Malaysia today, Sunway said the city would consist of an international-standard entertainment park, exhibition centre, hotels, shopping malls, offices and residential units.
It said the land would be acquired from XuanCheng Municipal Government.
"Sunway will be the master developer and will undertake a feasibility and market study on the proposed development.
"The project is expected to contribute positively to the future earnings of the company," it said.
By Bernama
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