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BRIEF-Skyworld Development Enters Joint Development Agreement With Penang Development Corporation

Industrials

Dec 10 (Reuters) - SkyWorld Development Bhd SKYW.KL : * ENTERED JOINT DEVELOPMENT AGREEMENT WITH PENANG DEVELOPMENT CORPORATION AND PDC PROPERTIES * TO UNDERTAKE PROPOSED DEVELOPMENT OF LAND LOCATED AT PULAU PINANG * ESTIMATED GROSS DEVELOPMENT VALUE OF 13 BILLION RGT IN PENANG Further company coverage: SKYW.KL (([email protected];))

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