March 26, 2017 2:32 AM ET

Real Estate Management and Development

Company Overview of UEM Land Berhad

Company Overview

UEM Land Berhad, through its subsidiaries, develops townships, and provides construction and engineering services. Its townships comprise residential, commercial, industrial, and institutional communities. The company was incorporated in 1982 and is based in Kuala Lumpur, Malaysia. UEM Land Berhad operates as a subsidiary of UEM Sunrise Berhad.

16-1, Mercu UEM

Jalan Stesen Sentral 5

Kuala lumpur Sentral

Kuala Lumpur,  50470

Malaysia

Founded in 1982

Phone:

60 3 2727 6000

Fax:

60 3 2727 2000

Key Executives for UEM Land Berhad

UEM Land Berhad does not have any Key Executives recorded.

UEM Land Berhad Key Developments

SUTL Marina Holdings Pte. Ltd. Enters into Joint Venture Agreement with UEM Land Berhad to Incorporate and Operate a Joint Venture Company in Malaysia

The board of Directors of SUTL Enterprise Limited announced that SUTL Marina Holdings Pte. Ltd. (SMHPL), has on 22 February 2016 entered into a joint venture agreement (the JVA) with UEM Land Berhad (UEML) to incorporate and operate a joint venture company (the JV Company) in Malaysia. The business of the JV Company will be in the lifestyle and leisure industry which shall include, inter alia, developing the existing marina in Puteri Harbour, developing and operating a proprietary yacht club (the Private Yacht Club), operating a sports centre and such other businesses agreed amongst the board of the JV Company and the parties to the JVA, as may be complementary to the aforementioned businesses. The initial issued and paid-up share capital of the JV Company will be MYR 1,000 divided into 1,000 ordinary shares in the capital of the JV Company of MYR 1.00 each. At incorporation of the JV Company, SMHPL will subscribe for 600 ordinary shares in the capital of the JV Company (SMHPL Shares), the consideration for which shall be MYR 600 (SMHPL Initial Capital Contribution) and UEML will subscribe for 400 ordinary shares in the capital of the JV Company, the consideration for which shall be MYR 400. At incorporation, the JV Company will have an initial authorised share capital of MYR 400,000 divided into 400,000 ordinary shares in the capital of the JV Company.

LFC Farm Corporation Sdn Bhd Signs Joint Venture Cum Shareholders Agreement with UEM Land Bhd (UEML) and JV Axis Sdn Bhd

LFC Farm Corporation Sdn Bhd (LFC) has signed a joint venture cum shareholders agreement with UEM Land Bhd (UEML) and JV Axis Sdn Bhd, to work together as strategic joint development partners. Mulpha International said all the parties would jointly develop and optimise the value of 38 parcels of freehold lands in Gerbang Nusajaya and near the Leisure Farm Resort within Mukim Pulai, Johor. The joint-venture lands would strategically enhance their respective masterplans. It will comprise luxury landed villas, mixed-use development on the market movements, and the proposed development is expected to span over a maximum period of 20 years with an estimated gross development value of over MYR 5 billion.

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Recent Private Companies Transactions

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