Durian Plantation in Kelantan
The Project comprises several land parcels of approximately 5,500 acres with 50 years tenure. It will be developed into a graduated terraced stepped agricultural project as the landscape includes hilly terrains. The main crops of focus will be the planting of Musang King Durian Trees and other suitable approved crops alongside. Mirach and its partners will adopt efficient, innovative farming methods and technologies, we aim for our partners to eventuallly harvest up to 2000kg of Musang King durians per tree annually. Musang King durians (猫山王榴莲）is registered as D197 in the year 1993 and is known as Raja Kunyit in Malaysia.
Low Cost Housing Project in Batu Gajah Perak
In October 2017, PMSB was awarded a project for the proposed construction, completion and handover 213 units of single-storey terrace houses in West Malaysia for a gross contract value of MYR20,500,000 (approximately S$6,587,254). The First Project has commenced in the fourth quarter of 2017 and will complete in twenty-nine months.
Residential Townhouses in West Malaysia
In 1 November 2017, PMSB entered into a conditional partnership agreement with a Malaysian partner, Pacific Vintage Sdn. Bhd. ("PVSB"), for the purposes of undertaking a project awarded to PVSB in Malaysia. This is a development of individual residential unit of townhouses in West Malaysia. The gross development value of the Second Project is estimated at MYR34,000,000 and the project is expected to commence in the second quarter of FY2018.
South Sumatra, Indonesia - GKM Oilfield
CPHL (HK) invested in 10% interest in Gunung Indah Lestari Limited which holds 100% shares of a KSO operatorship in a marginal oil field, the Sungai Taham - Batu Keras - Suban Jeriji Block ("ST-BK-SJ" Field) in South Sumatra. ST-BK-SJ has a production tenure of 15 years starting from February 2013.