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Bina Darulaman’s Langkawi Projects To Have GDV Of RM1.5 Billion

Shares Investment

  • Bina Darulaman‘s four projects on Langkawi over the next five to seven years will have an estimated gross development value (GDV) of RM1.5 billion.

  • The projects include a mixed property development in Pekan Kuah, an Eco Tourism Project and upgrading of the Kuah jetty. A joint venture (JV) will be formed with the Langkawi Municipal Council to upgrade facilities.

  • Bina Darulaman’s current landbank is at approximately 809.4 hectares and the company is open to either acquiring new land or form JVs with land owners to increase its hectarage.

Significance : The company’s strategy is to acquire the potential land with value and can be developed at an opportune time whenever the market is weak.



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