BLand seals deal with Libyan parties

Posted on | August 29, 2008

By BUSINESS TIMES

BERJAYA Land Bhd has sealed an initial pact with two Libyan parties to jointly develop 345ha in Tripoli into an integrated golf resort cum residential and commercial development.

The pact was signed with the Economic and Social Development Fund of Libya and OYIA Company For Development and Tourism Investment yesterday, BLand told Bursa Malaysia yesterday.

Bland will have a 60 per cent stake in the joint venture, it added.

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