Share
- The intended principal activity of Ibraco KPP Concrete is to operate and sell ready-mix concrete.
KUALA LUMPUR (Dec 19): Property developer Ibraco Bhd's unit Ibraco Construction Sdn Bhd has set up a joint venture company with supplier of asphalt concrete and ready-mixed concrete Kamunting Premix Plant Sdn Bhd.
In a bourse filing on Friday (Dec 16), Ibraco said Ibraco KPP Concrete Sdn Bhd has an initial paid-up capital of RM100,000 represented by 100,000 ordinary shares.
In the JV, Ibraco Construction will hold a 70% stake while Kamunting Premix will hold the rest.
The intended principal activity of Ibraco KPP Concrete is to operate and sell ready-mix concrete.
TOP PICKS BY EDGEPROP
Setia City Residences @ Setia City
Setia Alam/Alam Nusantara, Selangor
Graham Garden @ Eco Grandeur
Bandar Puncak Alam, Selangor
Bandar Puncak Alam
Bandar Puncak Alam, Selangor
Bandar Puncak Alam
Bandar Puncak Alam, Selangor
Taman Sri Putra, Sungai Buloh
Sungai Buloh, Selangor
Medan Idaman Business Centre
Setapak, Kuala Lumpur
HiCom-Glenmarie Industrial Park
Shah Alam, Selangor
