Is UEM paying too much for Kulai land?


PROPERTY sources say Kuala Lumpur Kepong Bhd (KLK) appears to be the winner in the KLK-UEM Sunrise Bhd land deals formalised earlier this month.

On Feb 7, both companies told Bursa Malaysia they will be pooling resources to develop two land parcels in Johor’s Iskandar Malaysia.

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