KUALA LUMPUR: UEM Sunrise Bhd
and Mulpha International Bhd have formed a joint venture for three road projects in the vicinity of Iskandar Malaysia valued at RM107mil.
UEM Sunrise subsidiary Nusajaya Rise Sdn Bhd (NRSB) will own 59% stake in the venture while Mulpha International unit Leisure Farm Corp Sdn Bhd (LFC) will hold the balance stake. It is the developers’ first joint venture.
Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!
