Kuok-Khazanah JV buys UEM Land's Puteri Harbour land for RM182m


PETALING JAYA: UEM Land Holdings Bhd has agreed to dispose of 12.518 acres in Puteri Harbour to Kuok Brothers Sdn Bhd and Khazanah Nasional Bhd for about RM182mil.

In a filing with Bursa Malaysia, UEM Land said that together with its subsidiary Bandar Nusajaya Development Sdn Bhd (BNDSB), it entered into a sale and purchase agreement (SPA) with Southern Marina Development Sdn Bhd for the land disposal.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Trading ideas: Steel Hawk, Critical, GDB, Hextar Industries, Infraharta, MFM, MGB, Oriental, UEM Sunrise, Maxis, SKP
Malaysia clinches RM1.8bil sales at Gulfood 2026
Steel Hawk unit secures PETRONAS deal
One Credit debuts smart fintech system
Dividend yield catalyst for CelcomDigi re-rating
HIB acquires 51% stake in Woodpeckers
Dialog enters recovery year driven by midstream recurring income
OGX launches IPO ahead of ACE Market listing
Critical Holdings wins RM35mil design contract
Rousing outlook for Heineken in FY26

Others Also Read