Resource Development Group's Unit Enters Joint Venture with TOC Investment Group

MT Newswires Live

2024/11/29

Resource Development Group's (ASX: RDG) unit Central Systems (Centrals) has entered a joint venture with TOC Investment Group, according to a filing with the Australian bourse.

TOC Investment Group has a 51% stake in the joint venture, while Centrals will own the remaining 49% stake, the filing said.

The joint venture, KingCentrals JV (KCPL), will focus on resource sector opportunities in Western Australia's Pilbara region.

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