Intrepid is a wholly-owned subsidiary of Hong Leong Holdings.
GuocoLand Limited has signed a joint venture agreement with a wholly-owned subsidiary of Hong Leong Holdings (HLH) for the development of a land parcel at Tengah Garden Avenue, according to a release dated April 22.
GuocoLand first entered a memorandum of general agreement with Intrepid Investments and CSC Land Group - two entities established for the development of the land parcel, in which the shareholdings of each JV partner is 20%, 60% and 20% respectively.
