Friday 20 January 2012

Scanwolf unit to undertake property project

Scanwolf Corporation Bhd (SCB)’s subsidiary, Scanwolf Development Sdn Bhd (SDSB), signed a joint-venture agreement with SQ Land Sdn Bhd (SLSB) today to undertake the proposed development of 128 plots of mixed development land into five units of shop houses and 123 units of terrace houses in Bidor, Perak.

SCB told Bursa Malaysia today that under the joint-venture agreement, SDSB and SLSB had agreed to enter into an unincorporated joint venture to develop five units of shop buildings, 57 units of 20’ x 70’ medium-cost terrace houses, 27 units of 20’ x 60’ medium-cost terrace houses and 39 units of 20’ x 60’ low-cost terrace houses. - Bernama



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