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RAC

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Rivanis Development: Revitalizing Kampung Manis with affordable housing and urban renewal

The “Rivanis” development project, a mixed-use venture spearheaded by Rivanis Ventures Sdn. Bhd., is set to transform the landscape of Kampung Manis in Perai, Penang. This project, recently formalized through a Memorandum of Agreement between the Railway Asset Corporation (RAC) and the Penang State Housing Board (LPNPP), aligns with Penang’s ... Read More
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Redevelopment of Kampung Manis: RAC and LPNPP sign MoU for collaborative development

In a significant move toward urban redevelopment, the Railway Assets Corporation (RAC) has officially signed a Memorandum of Understanding (MoU) with the Penang State Housing Board (LPNPP) for the redevelopment of Kampung Manis in Perai through a collaborative effort. The MoU was signed between RAC's Chief Executive Officer, Dato’ Azhar Ahmad, ... Read More