KUALA LUMPUR: UEM Land Holdings Bhd (ULHB), the master developer of Nusajaya in Johor has yet to sign any agreement to develop a theme park in the area.

“As at to date, UEM Land Bhd, a wholly-owned subsidiary of ULHB, has not signed or entered into any agreement or formal understanding with any party to develop any theme park,” it said in a filing to Bursa Malaysia on Oct 19. 

The Edge Financial Daily had reported earlier that a new theme park will be built in Nusajaya, Johor and stated that Johor Menteri Besar Datuk Abdul Ghani Othman confirmed that joint-venture memoranda was signed recently by UEM Land Sdn Bhd with several foreign companies to develop the park with construction expected to commence early next year.
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