KUALA LUMPUR: Cahya Mata Sarawak Bhd has entered into a memorandum of understanding  with Naim Cendera Sdn Bhd (NCSB) and the Bintulu Development Authority (BDA) to enter into a joint venture to undertake the development of a parcel of land at Samalaju New Township.

The project will cater to the housing, commercial, educational, social and recreational needs arising from the development of the Samalaju Industrial Park, it said in a filing to Bursa Malaysia on Monday May 10. -- Bernama
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