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Naim Holdings signs MoU to develop 14-acre tract in Kuching

KUALA LUMPUR: Naim Holdings Bhd has entered into a Memorandum of Understanding (MoU) with Lembaga Amanah Kebajikan Masjid Negeri Sarawak (LAKMNS) and Tabung Baitulmal Sarawak on Friday, Jan 21 to develop a 14-acre tract at Jalan Batu Lintang in Kuching, according to the company’s filing on Bursa Malaysia on the same day.

The mixed development, undertaken by Peranan Makmur Sdn Bhd, will see a 70:15:15 equity structure respectively.
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