Ewein, Consortium Zenith Construction to jointly develop land in Penang

Ewein, Consortium Zenith Construction to jointly develop land in Penang

The Edge Markets - Malaysia·2019-12-02 12:33

KUALA LUMPUR (Dec 2): Ewein Bhd is partnering Consortium Zenith Construction Sdn Bhd (CZC) to jointly develop land in Penang as a RM159.75 million development.

In a bourse filing today, Ewein said its unit Ewein Zenith II Sdn Bhd, a wholly-owned unit of Ewein Zenith Sdn Bhd, which in turn is an 89%-owned subsidiary of Ewein Land Sdn Bhd, has entered into a joint venture (JV) with CZC on Nov 30, 2019 to undertake a proposed development.

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