Kuala lumpur: Encorp Berhad ('ENCORP'), a property development group with diversified interests across construction, investment property, and facilities management, has entered into a Memorandum of Understanding ('MOU') with KBI Properties Sdn. Bhd. ('KBI Properties') to explore strategic partnership opportunities and potential collaborations in the property development sector.

According to BERNAMA News Agency, KBI Properties is a wholly-owned subsidiary of Koperasi Belia Islam Malaysia Berhad and is principally involved in property development and construction-related activities.