JOINT VENTURE AGREEMENT BETWEEN PASDEC CORPORATION SDN. BHD. AND SEDIMI PROPERTY DEVELOPMENT SDN. BHD. FOR THE DEVELOPMENT OF LAND AT BANDAR INDERA MAHKOTA, KUANTAN, PAHANG (“Proposed Development”)Joint Venture Agreement • January 30th, 2023
Contract Type FiledJanuary 30th, 2023The Board of Directors of PASDEC (“Board”) wishes to announce that the Company’s wholly-owned subsidiary, Pasdec Corporation Sdn. Bhd. (“PCSB” or “Landowner”), had on 30 January 2023 entered into a Joint Venture Agreement (“Agreement”) with Sedimi Property Development Sdn. Bhd. (“SPDSB” or “Developer”) for the development of land at Bandar Indera Mahkota, Mukim Kuala Kuantan, District of Kuantan, Pahang.