PKNSPerbadanan Kemajuan Negeri Selangor (Petaling Jaya, Malaysia)
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Reflective of the softer property market, PKNS - as a developer of mass housing - also experienced a weaker performance.
PKNS expects to start development on several large-scale mixed-commercial developments with GDV of about MYR 4 billion from 2015 onwards.
With regard to the recent development surrounding PKNS Group's PJ Sentral Garden City project, RAM opines that it is premature at this juncture to assess the potential financial implications on the Group as the legal matter is likely to be protracted.
Tenders are invited for Nanded Divlsion-Engg: Improvements to facilities at PKNS station in connection with Adarsh station and Provision of waiting ha I including Adarsh station facilities viz, waiting hall, public address system / computer based announcement, parking etc, Gangakhed: Improvement to circulating area.
PKNS alone is looking into 30 joint venture agreements.