GSH makes property forays into Sabah
It expects to launch its first residential project in Kota Kinabalu in 1H 2014
IT appears that GSH Corp's next chapter as a property developer will be written closer to home, with its initial forays into China having fallen through.
The company expects to launch its first residential project in Kota Kinabalu, Sabah, in the first half of this year.
GSH chief executive Gilbert Ee announced on Wednesday that the company has made a 510 million ringgit (S$196.6 million) cash investment in the Sutera Harbour Resorts project and put an undisclosed sum into two neighbouring land parcels.
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