UEM Sunrise said its indirect subsidiary, Nusajaya Rise Sdn Bhd, has entered into sale and purchase agreements with Nusajaya Tech Park Sdn Bhd for the disposal. — Bernama
PETALING JAYA: UEM Sunrise Bhd
is disposing of land measuring approximately 234.5 acres in Gerbang Nusajaya, Iskandar Puteri, Johor, for RM289.2mil.
In a filing with Bursa Malaysia, UEM said its indirect wholly-owned subsidiary, Nusajaya Rise Sdn Bhd, had entered into sale and purchase agreements with Nusajaya Tech Park Sdn Bhd for the disposal.
The transaction is an expansion of the existing Nusajaya Tech Park, a world-class integrated industrial park with eco-friendly infrastructure, designs and facilities with its well-maintained landscape and facilities, currently home to many multinational corporations.
