Bina Puri to build RM11bn mixed development in China

Bina Puri Holdings (BPuri) is slated to be part of a proposed consortium to build a mixed development project worth RM11bn in gross development value (GDV) in Shengyang, China. A special purpose vehicle, Shengyang- Malaysia Development SB (ShenMAS), has submitted the proposal to develop the project, a 17.96ha Muslim community-cum-regional financial centre, and has been accepted by the Administrative Committee of Shengyang Finance Development Zone. (Financial Daily)