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KUALA LUMPUR (Jan 19): Jade Marvel Group Bhd said the group and JSC Land Sdn Bhd have mutually agreed to terminate their joint venture agreement (JVA) to develop a project in mainland Penang.
Jade Marvel, through its unit Great Marvel Sdn Bhd (GMSB), will instead complete the development on its own, the group said in a bourse filing today.
The termination of JVA is due to JSC being unable to obtain approval from the relevant authorities for the change of developer s name from GMSB to JSC.
The parties have agreed to mutually terminate the JVA without any penalty. Arising from the termination, GMSB will undertake the role as developer to carry out and complete the development project, it said. ....

Simpang Ampat , Kuala Lumpur , Sdn Bhd , Seberang Perai Selatan , Jade Marvel Group Bhd , Great Marvel Sdn Bhd , Seberang Perai , Jade Marvel , குவாலா லம்பூர் , ஸ்டன் ப்ட் , ஜேட் அற்புதம் குழு ப்ட் , நன்று அற்புதம் ஸ்டன் ப்ட் , ஜேட் அற்புதம் ,