THE presence of mainland Chinese developers in Iskandar Malaysia the last couple of years and their marketing strategy of launching properties in the thousands is something UEM Group Bhd has noted but does not consider as a major challenge for the group, said group managing director and chief executive officer Datuk Izzadin Idris.
UEM Group has a 66% stake in UEM Sunrise Bhd
, which is among the largest land owners in Johor with 7,556.9 acres in Nusajaya.
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