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Sovereign Wealth Funds Briefing - Categorized | Alternative Investments

UEM Land to leverage on Sunrise expertise and Singapore infrastructure

Posted on 29 June 2011

The coming together of Khazanah Nasional Bhd and Temasek Holdings to develop RM30bil worth of real estate projects in Singapore and Iskandar Malaysia will help UEM Land Holdings Bhd make a great leap forward, both financially and in terms of branding, say analysts.
The tie-up also puts into focus why UEM Land launched an RM1.4bil takeover of property developer Sunrise Bhd, which was completed early this year……………………………………….Full Article: Source


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