DPS, Mutiara Mahajuta form joint venture


PETALING JAYA: DPS Resources Bhd’s wholly-owned subsidiary DPS Energy Sdn Bhd has entered into a joint-venture (JV) agreement with Mutiara Mahajuta Sdn Bhd.

The JV involves projects encompassing agro-tourism, crops, biofarms, renewable energy, solar farms and aqua-phonics on 190 acres in Alor Gajah, Melaka.

In a filing with Bursa Malaysia, DPS Resources said the JV is a significant component of its overarching strategy to enhance the value of its accumulated land bank totalling about 1,000 acres.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Etiquette at an open house
Trump’s presidency a boon
Elevating outdoor oases
GDA stands firm on RM11 offer for MAHB despite directors' rejection
Ringgit expected to trade within narrow range next week amid holiday calm
Oil steady as markets weigh Fed rate-cut expectations
The beauty of Hygr’s formula
Top Glove bullish on outlook amid steady order inflows
US market - prudence is golden
Book speaks volumes about Penang food

Others Also Read