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Saturday, March 1, 2008

UEM Land plans to enter regional market in three years


UEM Land Sdn Bhd aims to have a regional presence by 2011 when it expands its wings offshore to other emerging markets such as Vietnam, Indonesia and India. “With our key development, Nusajaya in Johor, reaching the tipping point by that time, the company will have the capability to venture into new markets to widen its earnings base,” said managing director Wan Abdullah Wan Ibrahim. “Going by our parent company UEM Group Bhd's long list of developments and track record, we have consistently delivered our projects on time and with great quality. “The group has also established an international presence, which the company can leverage on in its offshore aspirations.” Locally, UEM Land is looking at adding new profit centres to achieve geographical diversity in areas of focus, including several opportunities in the Klang Valley, which should be revenue-generating in 2009 if they materialise. Read more>>
(The Star 25-2-2008)