Wednesday, November 24, 2010

Bina Puri to invest RM16m in Jln Pasar devt

KUALA LUMPUR: BINA PURI HOLDINGS BHD [] is teaming up with a Chinese association to develop a two acre site in Jalan Pasar, which guarantees investment return of RM40.6 million in 14 years.

Bina Puri said on Wednesday, Nov 24 it had signed an agreement with Persatuan Chha Yong Fay Choon Kuan (Selangor and Federal Territory) for the project.

'Bina Puri will be investing RM16.0 million which is the estimated CONSTRUCTION [] cost. The development consists of two blocks which comprise 24 units of four storey shop offices and one unit of three storey shop offices.'' The development will include facilities such as recreational halls, retail shops, office units, and basement parking,' it said.

Persatuan Chha Yong Fay Chon Kuan is an association representing the Chinese Hakka clan in the Klang Valley.

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