6 Jan 2011   |     Emon   |     Company   |    

UEM Land

Our Company is the flagship company for the real estate investment and development businesses of UEM Group. UEM Group is wholly-owned by Khazanah Nasional Berhad, which is the investment holding company of the Government.

Our Company was incorporated on 20 August 2008 pursuant to the Restructuring which resulted in our Company becoming the holding company of UEM Land Group. Our principal and direct wholly-owned subsidiary, UEM Land, was incorporated as a public limited company under the name of Renong in 1982.

The UEM Land Group originally focused on a range of infrastructure-related businesses, including real estate investment business and acquired extensive reserves of land in Johor, known as Nusajaya, during the mid-1990s. Following the acquisition of a majority interest in UEM Group by Khazanah in 2001 and a group wide restructuring exercise which was completed in 2003, UEM Land decided to increase its focus on the real estate business and reposition Nusajaya as a regional city with diverse catalyst developments to create and promote economic growth and development in the area, as well as to meet various economic activities and market demands.

More info www.uemland.com

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