UEM Sunrise to sell Imperia Building to parent for RM137.8m cash

KUALA LUMPUR (June 30): Property developer UEM Sunrise Bhd announced that its wholly-owned unit UEM Land Bhd and Bandar Nusajaya Development Sdn Bhd (BND) has signed a sale and purchase agreement with its major shareholder UEM Group Bhd to dispose of Imperia Building in Iskandar Malaysia, Johor, for RM137.

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Sime Darby, PDC, sign major development deal

Government-linked corporation Sime Darby and the Penang Development Corporation (PDC) have signed a memorandum of understanding (MoU) to develop Changkat and Byram in Nibong Tebal, southern Seberang Prai, Penang.

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