Riyadh Group Indonesia expands to Malaysia through acquiring 65% shares of two property firms, Mainstay Properties Sdn. Bhd and Horizon KLPO Sdn. Bhd. The Group has on Saturday (Aug 25) signed memorandum of understanding (MoU) for said acquisition. Riyadh Group has some subsidiaries; PT Graha Rayhan Tri Putra, PT Reisis Realty, PT Lima Putra Realty, PT Mandeh Internasional Resor, and PT Bally International Management Hotel. Current projects include Pancoran Riverside Apartment Jakarta and Setiabudi Condominium Medan.
