#Sources* MPHB Cap to revive abandoned project with GDV RM3.5b - 2014 News

MPHB CAPITAL BHD (MPHB CAP), which is controlled by Tan Sri Surin Upatkoon, aka K K Lau, is looking at resuscitating a long-abandoned project at the junction of Jalan Imbi and Jalan Sultan Ismail in Kuala Lumpur according to sources. Should the plan materialise, the development could be MPHB Cap’s flagship in a bustling part of the central business district, earning it recurring rental income. It is worth noting that the abandoned project is just a stone’s throw from the upcoming Tun Razak Exchange (TRX). After two failed attempts by other parties to revive the development, which is located on the same road as Berjaya Times Square, new plans that involve close to six acres in Jalan Imbi are being drawn up and are expected to include an overhead link stretching across the nine-lane road to Club De Vegas. Read more --> http://www.theedgemarkets.com/article/sources-mphb-cap-revive-abandoned-project-gdv-rm35b