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Perennial sees Light in northern Malaysian state of Penang

CEO expects to add value to and monetise RM4.5b integrated waterfront development

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Published Mon, May 15, 2017 · 09:50 PM

    Kuala Lumpur

    IN AN RM4.5 billion (S$1.45 billion) integrated waterfront development in Penang called The Light City (TLC), Perennial Real Estate Holdings Ltd believes it has an investment in Malaysia worthy of its commitment.

    Perennial chief executive Pua Seck Guan views the development, to be undertaken in joint venture with IJM Land, as one that Perennial can add value to and monetise in the future.

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