Bayu Melati, PKNS in venture to develop land

Posted on | January 29, 2011

By BUSINESS TIMES

MELATI Ehsan Holdings Bhd’s wholly-owned unit Bayu Melati Sdn Bhd has sealed a joint venture agreement with PKNS Holdings Sdn Bhd to develop three parcels of land in Kelana Jaya, Selangor, into a mixed commercial development worth RM1.62 billion.

The proposed development will feature serviced apartments, office towers, Soho offices, a sports complex, mall, hotel and a performing arts centre.

- Melati Ehsan PKNS JV

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