Real estate and agriculture company Hong Lai Huat Group has inked a non-binding memorandum of understanding (MOU) with Denmark-based farm equipment supplier Skiold.
Both parties intend to collaborate for a proposed Cambodia-Singapore Agriculture Special Economic Zone, said Hong Lai Huat in a bourse filing on Sept. 7 evening.
The deal, with an estimated investment value of US$1 billion (S$1.36 billion), was inked on Sept. 7.
