RENEXUS NEGOTIATES HOUSING, IT AND WATER TREATMENT PROJECTS IN PAKISTAN

KUALA LUMPUR, March 1 (Bernama) -- A six-member delegation, including the
top management of Rexenus Group, Malaysia, is currently discussing with
Pakistani authorities in Lahore to build low-cost houses, introduce WiMax
Technology and develop waste water treatment facilities.

Acting Pakistani High Commissioner to Malaysia Dr Imtiaz A. Kazi said the
delegation will hold a meeting Monday and Tuesday with Pakistan's Provincial
Secretaries of Housing and Urban Development (HUD), Public Health Service (PHS),
Information Technology (IT) and Local Government to negotiate housing, IT
projects and water treatment.

Rexenus is currently negotiating the construction of low-cost houses in
eight districts in Punjab Province with the Secretary of HUD and PHS, said
Wajiullah Kundi, Pakistan's Commercial Counsellor in Malaysia.

Under the proposed housing project, 20,000 low-cost units are to be built in
each of the eight districts to overcome the shortage of five million houses.

Demand for low-cost houses in Punjab increased by 700,000 units a year, he
said in a statement Monday.

Rexenus will also hold talks with Punjab's Secretary of IT to introduce
WiMax technology that will help the government improve efficiency in
healthcare, banking, education, e-commerce and communication sectors, he said in
a statement today.

Rexenus will negotiate with the Local Government of Punjab to introduce
cost-efficient Clean Compact Water Treatment Systems with low maintenance cost
to solve the shortage of potable water, he said.

The delegation will also visit Expo Pakistan 2010 in Karachi during the
two-day stay in Pakistan.

Rexenus is a multi-disciplinary provider of small-and large-scale projects
in Malaysia. It also oversees property development and construction,
biotechnology, environmental solutions and IT.
-- BERNAMA