UEM Land listing in September


  • Business Premium
  • Saturday, 16 Feb 2008

KUALA LUMPUR: UEM Land Sdn Bhd, the property development subsidiary of UEM Group Bhd, will be listed in September in a restructuring exercise worth between RM2bil and RM3bil, while UEM World Bhd, the listed investment holding company of the group, will eventually be delisted.  

UEM Group has a 51.9% stake in UEM World and 28.5% stake in UEM Land. 

Article type: metered
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights
   

Next In Business News

Genetec posts surge in 3Q net profit to RM18.28mil Premium
Central Global to acquire 70% stake in RYRT International Premium
FBM KLCI extends rebound ahead of Fed policy decision Premium
RHB stays 'underweight' on plantations Premium
Asian shares cautiously higher as investors await Fed policy update Premium
Ringgit opens flat amid heightened geopolitical risk Premium
Bursa bounces as bargain-hunting picks up Premium
Trading ideas: Hibiscus Petroleum, Pintaras Jaya, XOX Networks and MUI Premium
DON'T PAY THE PRICE FROM CYBERATTACKS Premium
Escalated Russia-Ukraine conflict would keep inflation higher longer -IMF Premium

Others Also Read


Vouchers