PLB ENGINEERING BERHAD (“PLB” OR THE “COMPANY”)Joint Development Agreement • February 20th, 2020
PROPOSED JOINT DEVELOPMENT BETWEEN THE GOVERNMENT OF THE STATE OF PENANG (“PENANG STATE GOVERNMENT”), THE PENANG DEVELOPMENT CORPORATION (“PDC”) AND PLB TO UNDERTAKE THE REHABILITATION WORKS (AS DEFINED BELOW), CONSTRUCTION AND OPERATION OF A NEW INTEGRATED RECYCLING CENTRE (AS DEFINED BELOW) AND DEVELOPMENT ON THE PLB’S ENTITLED LAND (AS DEFINED BELOW)