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Article: Indian developer eyes stake in Bina Goodyear

Article from:
New Straits Times
Article date:
December 14, 2007
Author:
Copyright

Zaidi Isham Ismail
New Straits Times
12-14-2007
Indian developer eyes stake in Bina Goodyear
Byline: Zaidi Isham Ismail
Edition: Main/Lifestyle
Section: Business Times
Type: Company

AN INDIAN property developer has expressed interest to buy a stake in Malaysia's construction group Bina Goodyear Bhd, a company official said.

"The Indian party is a prominent property developer in India and they want to buy a stake as part of their investment plans in Malaysia.
"We are still talking," Bina Goodyear senior general manager Lawrence Lau told reporters in Selangor yesterday after the company's annual general meeting.

Meanwhile, Lau said Bina Goodyear currently has an order book of RM1.2 billion, ...

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