An aerial view of Swettenham Pier.
KUALA LUMPUR: Ideal United Bintang International Bhd's sub-subsidiary Solaris Consortium Sdn Bhd has signed a memorandum of understanding with the Penang Port Commission (PPC) to redevelop Swettenham Pier Cruise Terminal in Penang on a built, operate and transfer basis .
According to a filing with Bursa Malaysia, the development measures 2.38 acres on PPC’s land on part of Lot 53, Lot 36 and Lot 22, Daerah Timur Laut, Pulau Pinang.
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