The project will have a mix of residential and commercial development comprising a retail mall, an entertainment block, strata offices, office towers, a hotel and serviced residences.
In Bursa Malaysia's announcement today, Protasco said the building will be located in Bukit Jalil, Mukim Petaling, Kuala Lumpur.
Fuji Oil Asia, which is part of Fuji Oil Group, has entered into a lease agreement with Senai Airport City Sdn Bhd for 60 years to construct and operate its manufacturing facility, said MMC Corp in a statement yesterday.
Protasco Bhd will hand over its entire Phase 1 of the De Centrum City development in Kuala Lumpur South, comprising a shopping centre block with 29 retail units, a serviced apartment block with 320 units, a small office/home office block with 192 units and 54 shoplots to purchasers in December.
The property developer had first unveiled the RM10 billion new township in 2007. Spanning 100 acres, the new township will be developed in stages over a 15-year period.
L&G's managing director Low Gay Teck said there will be a definite impact on imported items, commodity and construction items quoted in US dollars for new projects, but current projects are unaffected.
The launch of the registration — which will stay open until all units have been sold — took place at the Setia City Convention Centre on Saturday and was officiated by Selangor Menteri Besar Azmin Ali.
S P Setia acting deputy president Datuk Wong Tuck Wai said he was still confident of meeting the company's targets for Battersea, although he did not disclose any figures.
The board estimated there are about 40,000 to 50,000 unlicensed brokers operating in the country.
Prasarana group managing director Datuk Azmi Abdul Aziz said the Ampang line extension is now more than 92% completed and is ready for operations on Oct 31 this year
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