KUALA LUMPUR: UEM Sunrise Bhd
, Telekom Malaysia Bhd (TM) and Iskandar Investment Bhd (IIB), through their wholly owned units, have decided to end their joint venture (JV) in managed services for smart city solutions.
UEM Sunrise said its subsidiary UEM Land on Jan 5 inked an agreement with TM’s unit Intelsec Sdn Bhd and IIB Property Services Sdn Bhd to mutually terminate their joint venture and shareholders’ agreement dated July 1, 2014.
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