CPN to develop mall in Malaysia

MONDAY, MAY 13, 2013
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Central Pattana has signed a paper, committing itself to a joint venture agreement with i-City Properties Sdn Bhd (ICP), an I-Berhad wholly-owned subsidiary, to establish a joint venture.

 

 
 
 
 
The 60:40 joint venture will develop a regional shopping mall at i-City, the Malaysia Cybercenter (MSC) at Section 7, Shah Alam, Selangor Darul Ehsan, with the investment of 580 Malaysian ringgit or approximately Bt5.8 billion.