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.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.

Business , Business , DRB

   

Next In Business News

Hong Leong Industries records RM140.56mil in 1Q, declares 25 sen interim dividend
Deleum to focus on broadening its product lines
Infomina wins RM27mil purchase order contract
Radium unit acquires 5.26-ha land in Cheras for RM458mil
Solarvest remains optimistic on local RE industry
KPJ Healthcare’s 3Q24 revenue hits RM1bil
Haily wins RM115mil construction contract
Hyundai to invest RM2.16bil to set up a plant in Kulim
KLCC Stapled Group's net profit rises to RM206.53mil in 3Q
Key Asic signs RM10mil ASIC design contract

Others Also Read