KUALA LUMPUR: In the quest to build residential units priced below RM200,000, LPB Development Sdn Bhd and BDB Land Sdn Bhd (BLSB) have entered into a joint-venture (JV) cum shareholder’s agreement to develop an affordable housing township with gross development value of RM565 million on 230 acres (93 hectares) in Bandar Amanjaya, Sungai Petani, Kedah.
LPB Development is a wholly-owned subsidiary of Lagenda Properties Bhd
’s (LPB) and BDB Land is a wholly-owned subsidiary of Bina Darulaman Bhd.
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