Bina Darulaman Berhad ("BDB") wishes to announce that on 6 August 2021, BDB Land Sdn. Bhd.(Registration No. 198101003170 (69284-P)) (“BLSB”), a wholly-owned subsidiary of the Company and Aman Setia Development Sdn Bhd (Registration No. 200301014930 (617350-P)) (“ASDSB”) (collectively referred to as the “Parties” and each as a “Party”) had entered into a conditional joint venture arrangement(“Joint Development”) to work together as strategic joint development partners through BDB Setia Sdn Bhd (Registration No. 202101014652 (1414952-D)) (“BSSB”) to optimise the value of all that parcel of agriculture land of 103.63 acres held under GRN 32165, Lot 3127, Mukim Sungai Petani, Daerah of Kuala Muda, Negeri Kedah Darul Aman ("Land").
Please refer detailed announcement as attached.
This announcement is dated 6 Augut 2021.