Bina Darulaman Berhad announced that on 21 December 2023, had entered into a joint venture arrangement ("Joint Development") to work together as strategic joint venture partners through OIB Properties (KV) Sdn Bhd on the Proposed Joint Development of Darulaman Saujana Phase 2 (782 Units Single Storey Terrace), Mukim Hosba, Daerah Kubang Pasu, Kedah Darul Aman (" the Project'). The development of the said Land into residential units of 782 single storey terrace held under mother title Grant No 11523 Lot 1659, Mukim Hosba, Daerah Kubang Pasu, Negeri Kedah Darul Aman ("the Land"), with an area measuring approximately 53.75 acres. BDB as the land owner will provide development rights to OIB to develop, construct and complete an affordable housing scheme on part of Darulaman Saujana township.

The development is in line with both parties' strategic planning to leverage its strengths in property development and construction via collaboration for successful execution of the Project.