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Oxley unit signs JV to develop M'sian project

Deal with Peninsular Teamwork is for building a 900-unit housing estate

OXLEY Holdings yesterday said its wholly owned subsidiary, Oxley Ruby Sdn Bhd, will develop a 15.28-acre freehold land in Malaysia's state of Selangor. Oxley Ruby was granted the rights to develop the land after it inked a joint venture agreement with the landowner, Peninsular Teamwork Sdn Bhd.