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COPYRIGHT 2007 Asia Pulse Pty Ltd
An executive briefing on joint ventures for Sept 28, 2007, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities.
MALAYSIA'S ZELAN WINS US$246.2 MLN CONTRACT IN ABU DHABI
KUALA LUMPUR - Zelan Bhd (KLSE:2283) on Thursday said its subsidiary, Zelan Holdings (M) Sdn. Bhd, through its joint venture with Al Ambia Sdn. Bhd., has won a AED903.7 million (US$246.2 million) contract to build the "Meena Plaza" in Abu Dhabi.
The 70:30 Zelan-Al-Ambia joint venture on Wednesday received a letter of intent from Tamouh Investments LLC for the project,...
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