Lee (left) and Izzaddin exchanging the MoU agreement.
KUALA LUMPUR: UEM Sunrise Bhd
and Kuala Lumpur Kepong Bhd (KLK) are pooling their resources to develop 3,000 acres of each other’s landbank in Johor’s Iskandar Malaysia with a total gross development value (GDV) of RM20bil.
This marks plantation giant KLK’s maiden foray as a property developer in Iskandar Malaysia, but it is the second such project for the company’s chief executive officer, Tan Sri Lee Oi Hian.
