Aerospace business to unlock value of land in Serendah


PLANS are afoot for UMW Holdings Bhd to unlock the value of its land in Serendah, an area 33km north-west of the Kuala Lumpur City Centre.

“We have some 860 acres of land in Serendah. The plant for the Rolls-Royce engine fan case took up around 30 acres. This is actually an asset that we have and we would like to unlock its value. We would like the land to be recognised as a high-value manufacturing park,” president and chief executive officer Badrul Feisal Abdul Rahim tells StarBizWeek.

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Business , UMW , aerospace , Serendah , land , monetise assets

   

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