Zelan Bhd had issued a letter of intent to its 51% owned joint venture (JV) Zelan-Kiara Teratai JV to appoint the latter as the contractor for the proposed development of the Integrated Immigration, Custom, Quarantine and Security Complex at Bukit Kayu Hitam, Kedah.
The rest of the shares are owned by Zelan’s JV partner Kiara Teratai Sdn Bhd, while Zelan’s wholly owned subsidiary Zelan Construction Sdn Bhd has a 51% stake in the JV, Zelan told Bursa Malaysia.
The rest of the shares are owned by Zelan’s JV partner Kiara Teratai Sdn Bhd, while Zelan’s wholly owned subsidiary Zelan Construction Sdn Bhd has a 51% stake in the JV, Zelan told Bursa Malaysia.
No comments:
Post a Comment