DRB-Hicom eyes RM5bil gross development value


PETALING JAYA: DRB-Hicom Bhd has plans to develop its sizeable parcel of land spanning 365.02ha in Johor at a gross development value (GDV) of RM5bil.

“The balance 365.02ha should yield a GDV of about RM5bil. The first release (launch) is targeted to be in the second quarter of 2014,” chief operating officer Datuk Mohamed Razeek Md Hussain Maricar told StarBiz.

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Business , Business , DRB

   

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