Nanyang Siang Pau, 16 August 2011 - Adjoining Senibong Cove Property: Prospect for Development Growth

Nanyang Siang Pau, 16 August 2011

Situated in Plentong with 227 acres of freehold land known as Tropicana Danga Cove and costing RM220 million, this plot of land is to be developed into residential and commercial blocks with a gross development value of RM2.8 billion.

Investing developers feel that this plot of land will appreciate greatly and will have very good prospect in the future. Besides connecting to the double-track highway, it is near the Johor Bahru town, which is 12 kilometres away and it takes only 15 minutes to drive.

This development plan will connect to Senibong Cove. A beautiful location coupled with two unique advantages – near to the city centre while enjoying the quietness of the surroundings - make the place even more outstanding.

With the purchase of the plot of land, Dijaya Corp, through its wholly owned subsidiary Accroway Sdn Bhd, plans to take advantage of the current strong economic growth in Johor to increase its revenues and to generate more shares.

Present at today’s signing of the sales and purchase agreement ceremony are Dijaya Corp's Chief Executive Officer Tan Sri Dato' Danny Tan Chee Sing and Dijaya's MD, Iskandar Waterfront Sdn Bhd Chairman Johar Salim Yahaya, Managing

Director Datuk Lim Kang Hoo and Trident World Sdn Bhd Managing Director Lim Kien Guan, and others.

Tan Sri Dato' Danny Tan Chee Sing (left) handing over a souvenir to Abdul Ghani