On June 10, 2015, Prime Global Capital Group Incorporated received a letter dated April 23, 2015, from the Kuala Selangor District Council approving the development of 21.8921 hectares (54.10 acres) land located within Bandar Puncak Alam in Selangor, Malaysia. The Approval Letter will allow to proceed with plans to construct Shah Alam 2 Eco Residential Development project. The company hope to submit building plans for Shah Alam 2 Eco Residential Development project in the third calendar quarter of 2015 and commence construction in the fourth calendar quarter of 2015.

The company hope to complete construction by the end of calendar 2020. The company intend to commence sales activities in the fourth calendar quarter of 2015.