KUALA LUMPUR: DKLS Industries Bhd has entered into a heads of agreement with Selangor State Development Corporation (PKNS) to jointly redevelop a 6.8ha land with a gross development value of RM1.5 billion in Petaling Jaya, Selangor.
The mixed development project includes commercial, retail and residential units.
DKLS said the redevelopment plan was to complement its corporate strategy to pursue new business opportunities at all times aiming to enhance returns from such investments.
By Business Times
Saturday, May 5, 2012
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