Matrix in joint venture with Nissin, Nihon


PETALING JAYA: Property developer Matrix Concepts Holdings Bhd has inked agreements with Japan’s Nissin Ex Co Ltd and Nihon House Corp to jointly venture into the manufacturing of prefabricated building materials using the Industrialised Building System (IBS) technology.

According to a Bursa Malaysia filing yesterday, the joint venture (JV) will be undertaken by JV company Matrix IBS Sdn Bhd (MIBS), which will manufacture, market and sell pre-fabricated concrete materials using the IBS technology.

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