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SunwayMas to undertake RM250m project in Sri Lanka

Sep 24, 2010 4:35:13 AM - yahoo.com
PETALING JAYA: Sunway Holdings Bhd's unit, SunwayMas Sdn Bhd, has sealed a joint-venture agreement with Sri Lanka's Dasa Group to undertake a RM250 million mixed development project in Bambalapitiya, Colombo. A joint-venture company will be incorporated in Sri Lanka, with SunwayMas having 65% stake, and remaining by Dasa Group. SunwayMas will fund its investment in the JV company through bank ...