Group set to gain from property boom in South Johor Economic Region


  • Business
  • Saturday, 12 Aug 2006

KUALA LUMPUR: With land bank and properties located right smack in the South Johor Economic Region (SJER), Kulim (M) Bhd and the other companies within the Johor Corp Bhd (JCorp) stable, stand to benefit from a potential appreciation in land values as the RM12bil development of SJER takes shape. 

JCorp group chief executive Tan Sri Muhammad Ali Hashim said unit Kulim had substantial assets in and around the SJEC area and KPJ Healthcare Bhd at least three hospitals. Johor Land also has a massive development in the area. 

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